Department of Commerce - tcarts.in and Pledge – Requisites of bailment – Classification of Bailment - Duties and Rights of Bailor and Bailee – Law relating to Lien ...
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Department of
Commerce
389
B.Com (Aided
& SF)
390
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
COURSE STRUCTURE (w.e.f 2014-17 batch onwards)
Semester – I
Semester – II
Course
Code No
Subject
Contact Hrs /
Week
Credits
Total No
of Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Part II
English P221 English through Drama 5 3 75 25 75 100
Core MK21 Business Law 5 4 60 25 75 100 Core MK22 Business Statistics 5 5 60 25 75 100 Core MK23 Advanced Accountancy 8 6 120 25 75 100
Allied 2 AK21 Business Economics 5 4 75 25 75 100 Skill
Based
Elective 1 SBE1
Written
Communication Skills 2 2 30 15 35 50
TOTAL 30 24
Semester - III
Course
Code No
Subject
Contact Hrs /
Week
Credits
Total No
of Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Part I Tamil P131 fhg;gpa ,yf;fpak;
3 -- 45 -- -- --
Core MK31 MS-Office 3 3 45 25 75 100
Core MK32 Banking Theory,
Law & Practice 5 4 75 25 75 100
Core MK33 Partnership
Accounts 8 5 120 25 75 100
Core MKL31 MS-Office – Lab 2 1 30 40 60 100
Allied 3 AK31 Business
Environment and
Business Ethics 5 4 75 25 75 100
Non-Major
Elective 1 NME1
Accounting for
Managers 2 2 30 15 35 50
Value
Education 2 VE2
Value Education
2 2 2 30 15 35
50
TOTAL 30 21
Course
Code No
Subject
Contact Hrs /
Week
Credits
Total No
of Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Part II English P211 English through
Prose 5 3 75 25 75 100
Core MK11 Company
Organisation and
Secretarial Practice 4 3 60 25 75 100
Core MK12 Financial
Accounting 8 5 60 25 75 100
Core MK13 Business
Mathematics 4 4 120 25 75 100
Allied 1 AK11 General Economics 5 4 75 25 75 100
Environmental
Studies ES
Environmental
Studies 2 2 30 15 35 50
Value
Education 1 VE Value Education 1 2 2 30 15 35 50
TOTAL 30 23
391
Semester – IV
Course
Code No
Subject
Contact Hrs /
Week
Credits
Total No
of Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Part I Tamil P141 jkpo; ,yf;fpak; 3 3 45 25 75 100
Core MK41 Entrepreneurship &
Small Business
Management 5 4 75 25 75 100
Core MK42 Accounting Package 3 3 45 25 75 100
Core MK43 Business Accounting 8 5 120 25 75 100
Core MKL41 Accounting Package -
Practical 2 1 30 40 60 100
Allied 4 AK41 International Trade &
Export Management 5 4 75 25 75 100
Non-Major
Elective 2 NME 2
Cost Computation &
Control 2 2 30 15 35 50
Skill Based
Elective 2 SBE 2
Quantitative Aptitude
Skills 2 2 30 15 35 50
TOTAL 30 24
SEMESTER – V
* Carries Extra 5 credits that do not form part mandatory credits (140) required for completion of
the course.
Course
Code No
Subject
Contact Hrs /
Week
Credits
Total
No of
Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Core MK51 Corporate Accounting 8 6 120 25 75 100
Core MK52 Costing - I 5 5 75 25 75 100
Core MK53 Management Accounting 5 4 75 25 75 100
Core -
Elective 1 EMK54 Marketing Management 5 3 75 25 75 100
Core -
Elective 2 EMK55 Income Tax Law & Practice-I 5 3 75 25 75 100
Value
Education
3
VE 3
Value Education 3 2 2 30 15 35 50
Self study paper:* Financial Services and Markets
TOTAL 30 23
392
Semester – VI
A) CONSOLIDATION OF CONTACT HOURS AND CREDITS
SEMESTER CONTACT HOURS /WEEK CREDITS
I 30 23
II 30 24
III 30 21
IV 30 24
V 30 23
VI 30 24
PART V 01
Total 180 140
B) CURRICULUM CREDITS
Part I Tamil 1 x 3 = 03 Credits
Part II English 2 x 3 = 06 Credits
Part III Core = 87 Credits
(12+15+13+13+15+19)
Core Electives 3 x 3 = 09 Credits
Allied 4 x 4 = 16 Credits
Part IV Value Education 3 x 2 = 06 Credits
Environmental Studies 1 x 2 = 02 Credits
Skill Based Electives 3 x 2 = 06 Credits
Non-Major Electives 2 x 2 = 04 Credits
Part V 1 x 1 = 01 Credits
Total 140 Credits
Course
Code
No
Subject
Contact Hrs /
Week
Credits
Total
No
of
Hrs
Allot
ted
Max
Mark
s CA
Max
Mark
s SE Total
Core MK61 Special Accounts 8 6 120 25 75 100
Core MK62 Fundamentals of Investment
Management 5 4 75 25 75 100
Core MK63 Principles & Practice of
Auditing 5 4 75 25 75 100
Core MK64 Costing - II 5 5 75 25 75 100
Core
Elective-3 EMK65 Income Tax Law & Practice - II 5 3 75 25 75 100
Skill Based
Elective SBE 3
Resume Writing and Interview
Facing Skills 2 2 30 15 35 50
TOTAL 30 24
393
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Com Code No : MK11
Semester : I No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the Paper: COMPANY ORGANISATION AND SECRETARIAL PRACTICE
Unit I – New Companies Act, 2013 – An Introduction
Salient Features of the New Companies Act, 2013 – Definitions of company – New
Companies Act, 2013 Vs Old Companies Act, 1956 - Corporate Identity Number (CIN) –
Features of a Company – Kinds of Companies (including One Person Company, Small
Company, Producer Company and Dormant Company) – Company Vs Partnership – Public
Company Vs Private Company – Types of Shares and Debentures – Shares Vs Debentures.
Unit II – Incorporation of a Company
Promoters – Functions – Duties and Remuneration of Promoters – Stages in the
formation of a Private and a Public Limited Company – Promotion – Incorporation – Capital
Formation – Commencement of Business.
Unit III - Documents
Memorandum of Association – Contents – Articles of Association – Contents –
Distinction between Memorandum and Articles of Association – Prospectus – Contents –
Statement in lieu of Prospectus – Shelf Prospectus – Private Placement.
Unit IV – Company Management and Administration
Directors – Woman Director – Number of Directorship – Independent Directors –
Liability of Independent Directors – Director Identification Number (DIN) - Qualification and
Disqualification of Directors – Appointment and Removal of Directors – Remuneration, Duties,
Powers and Liabilities of Directors.
Company Secretary – Appointment – Qualifications – Duties, Rights and Liabilities of a
Company Secretary – Dismissal of a Secretary - Role of the company secretary before, during
and after meetings.
Unit V – Company Meetings
Statutory meeting – Statutory Report - Meaning of Annual General Meeting - Extra
Ordinary General Meeting, Class meeting, Directors meeting – Who can convene the Extra
Ordinary General Meeting – Quorum - Types of motions and Resolutions – Ordinary Vs Special
Resolution - Voting and polls, Minutes, and Proxies.
Text Book:
1. Elements of Company Law N.D.Kapoor,
Revised Edition, 2013
Sultan Chand & Sons.
New Delhi.
Books for Reference:
1. Secretarial Practice MC Kuchhal
Revised Edition, 2009,
Vikas Publishing House Pvt. Ltd.
Noida
2. Law For Business M.M.Sulphey & Basheer
2nd
Edition - 2013.
PHT Learning Pvt Ltd. New Delhi.
394
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK 12
Semester : I No. of Hrs allotted: 8
Paper : Core No. of Credits : 5
Title of the paper: FINANCIAL ACCOUNTING
Course Objectives : To make the students learn the basic accounting records, statements and
to prepare them.
UNIT – I: Accounting – Meaning – Branches of Accounting –- Objectives – Double Entry
System of Accounting - Advantages of Financial Accounting.
Accounting Concepts and Conventions – Preparation of Journal, Ledger and Trial
Balance - Errors disclosed by Trial Balance - Errors not disclosed by Trial Balance – Types of
errors - Rectification of Errors – Suspense a/c .
UNIT – II : Subsidiary Books – Meaning – Advantages – Preparation of Purchase book, Sales
book, Purchases Returns book, Sales Returns book- Cash book – Single column, Double column
and Three column cash book – Petty cash book – Imprest system – Journal proper.
UNIT- III: Bank Reconciliation Statement – Meaning of BRS – Causes for the difference
between cash book and pass book – procedure for Preparing BRSPreparation of bank
reconciliation statement.
UNIT -IV: Bill of Exchange – Definition – Parties to a bill of exchange – Bill of exchange
versus Promissory note – Trade bill versus Accommodation bill – Accounting for bill of
exchange – Recording transactions in the books of the drawer and drawee – Retiring a bill under
rebate – dishonour of bills – Renewal of bills – Endorsement of bills – Accommodation bills –
Insolvency of one party.
UNIT –V : Final Accounts of Sole Traders: Meaning of Final Accounts – Utility of Final
Accounts – Components of Final Accounts - Trading Account – Profit and Loss account –
Balance Sheet - Adjusting Entries – Treatment of Closing Stock – Outstanding expenses, Prepaid
expenses, Accrued income, Income received in advance, Depreciation, Interest on capital,
Interest on drawings, Bad debts, Provision for Bad and doubtful debts, Provision for discount on
debtors and creditors, Loss of stock by accidents, fire etc., stock taken away by the proprietor,
stock given as free samples – Preparation of manufacturing account.
Text Book:
1. ADVANCED ACCOUNTANCY - VOL - I T.S.Reddy,A. Murthy
Revised Edition 2012
Margham Publications
T.Nagar,Chennai-17
Books for Reference:
1.ADVANCED ACCOUNTANCY – VOL - I S.P. Jain, K.L. Narang
2nd
Edition, 2009,
Kalyani Publishers, Ludhiana.
2. ADVANCED ACCOUNTANCY – VOL – I R.L.Gupta & M. Radaswamy,
Revised edition 2012
Sultan Chand & Son.,(2008)
Ram Nagar, New Delhi – 110 055.
395
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK 13
Semester : I No. of Hrs allotted : 4
Paper : Core No. of Credits : 4
Title of the paper: BUSINESS MATHEMATICS
Course Objectives : To train the students in solving Mathematical problems related to
Business
Unit I Simple, Interest and Compound Interest- calculating simple interest - Finding out
missing items – Calculating Compound Intrest – Finding out missing items – difference between
Simple Interest and Compound Interest.
Unit II Commercial Arithmetic: Discount on Bills – Logarithms - Laws of logarithms –
Characteristics and Mantissa – Antilogarithms – Ratio, Proportions and Percentages – Annuities
- Simple Problems.
Unit III Sets: Basic Concepts – Set Operation – Union of Set – Intersection of sets – Difference
of sets – venn diagram – Laws of sets.
Unit IV Matrices: Basic Concepts – Addition and Subtraction of Matrices – Multiplication of
two matrices – Inverse of a Matrix – Solving equation through consistency of equation – Rank of
a Matrix.
Unit V Differential Calculus (excluding Trigonometric Functions): Rules – Sum-rule product
rule – quotient rule, function of a function rule (Simple Problem only) Maxima and Minima
(Single variable cases) – Methods of integral calculus – rules (excluding integration by parts of
fractions) – Simple problems only.
Text Book:
1. Business Mathematics P.R. Vittal
Revised Edition 2012
2. Business Mathematics (For Unit V) N.K. Nag
Revised Edition 2012
Reference Book: 1. An Introduction to Business Mathematics V. Sundaresan and
S. D. Jayaseelan
6th
Edition, 2008.
396
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Com Code No : MK21
Semester : II No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the Paper: BUSINESS LAW
Course Objectives : To familiarize the students with the various provisions of the Acts relating
to Business.
Unit I - Indian Contract Act, 1872
Definitions – Contract – Essentials of a valid contract- Classification of contracts – Offer
- Legal rules of an offer – Acceptance – Legal rules as to acceptance – Communication of offer,
Acceptance and Revocation – Consideration – Legal Rules as to Consideration – Capacity to
Contract – Free Consent – Coercion – Undue Influence – Fraud – Misrepresentation – Mistake.
Unit II - Special Contracts Contract of Indemnity and Guarantee - Contract of Indemnity Vs Contract of Guarantee
Indemnity- Kinds of Guarantee – Rights of Surety – Discharge of Surety
Bailment and Pledge – Requisites of bailment – Classification of Bailment - Duties and
Rights of Bailor and Bailee – Law relating to Lien – Termination of Bailment – Pledge –
Essentials of Pledge - Pledge Vs Bailment – Rights and Duties of Pawnor and Pawnee.
Unit III – Contract of Agency
Essentials of Agency – Rules of Agency - Creation of Agency – Classification of
Agents – Duties and Rights of Agent – Duties and Rights of Principal – Sub-agent – Personal
Liability of Agent – Termination of Agency.
Unit IV- Sale of Goods Act, 1930
Definitions - Essentials of a Contract of Sale – Sale Vs Agreement to Sell – Sale Vs Hire-
purchase Agreement – Classification of Goods – Conditions and Warranties – Express and
Implied Conditions and Warranties – Delivery of Goods – Rules as to Delivery of Goods –
Rights and Duties of the Buyer – Unpaid Seller – Rights of an Unpaid Seller against the goods.
Unit V - The Limited Liability Partnership (LLP) Act, 2008
Definitions – Origin – LLP in India - Salient features of LLP - Difference between LLP
and partnership - LLP Vs Company - LLP agreement - Nature of LLP - Partners and designated
partners – Partners and their relations -Incorporation document - Incorporation by registration -
Registered office of LLP – Advantages and Disadvantages of LLP.
Text Book:
1. Business Law ND Kapoor
Revised Edition
Sultan Chand & Sons
Educational Publishers
New Delhi-2.
Books for Reference:
1. Elements of Mercantile Law ND Kapoor
Revised Edition
Sultan Chand & Sons
Educational Publishers
New Delhi-2.
2. Business Law R.S.N Pillai & Bagavathi
3rd
Edition
S.Chand & Co Pvt Ltd.
New Delhi-55.
3. Law For Business M.M.Sulphey & Basheer
2nd
Edition 2013.
PHT Learning Pvt Ltd.
New Delhi.
397
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No :MK22
Semester : II No. of Hrs allotted : 5
Paper : Core No. of Credits : 5
Title of the paper : BUSINESS STATISTICS
Course Objectives: To train the students in the collection, processing, analysis and presentation
of statistical data.
UNIT – I (25 hours)
Statistics – Definition – Functions, Scope and Limitations of statistics - Statistical Enquiry –
Stages in conducting a statistical survey – Primary data Vs secondary data – Sources of
secondary data – Classification, Tabulation and Presentation of data- Diagrams.
Measures of Central Tendency - Average – Meaning – Characteristics of a typical average –
Computation of Mean, Median, Mode, Geometric Mean, Harmonic Mean and Weighted
Arithmetic Mean- Merits and Limitations of each.
UNIT – II (20 hours)
Measures of Dispersion: Dispersion – Meaning – Properties of a good measure of dispersion –
Absolute versus relative measure of dispersion – Computation of Range, Quartile Deviation,
Mean Deviation, Standard Deviation and Co-efficient of Variation- Merits and Limitations of
each.
Skewness – Meaning – Variation versus Skewness – Measures of Skewness- Karl Pearson’s and
Bowley’s Co-efficient of Skewness.
UNIT - III (20 hours)
Correlation Analysis: Definition – Types of Correlation – Methods of Studying
Correlation – Spearman’s Rank Correlation Co-efficient.
Regression Analysis : Definition – Correlation Vs Regression – Regression lines and Regression
Equations – Regression co-efficient- Computation of correlation co-efficient from regression co-
efficient.
UNIT - IV (15 hours)
Index Numbers: Definition – Characteristics of Index numbers – Uses – Types of index
numbers – Construction of Price Index numbers – Unweighted Index numbers – Weighted Index
numbers – Tests of adequacy of Index number - formulae.
UNIT - V (10 hours)
Analysis of Time Series: Introduction – Uses - Components of time series – Measurement of
trend- graphical method, semi-average method, moving average and method of least square.
Text Book:
1. BUSINESS STATISTICS S.P. Gupta & M.P. Gupta
Revised Edition - 2007.
S. Chand & Company Ltd.,
Ram Nagar,
New Delhi – 110 055.
Books for Reference:
1. BUSINESS STATISTICS – R.S.N. Pillai and Bagavathi
Revised edition 2008
S. Chand & Company Ltd.,
Ram Nagar, New Delhi – 110 055.
2. BUSINESS STATISTICS - K.Alagar
New Edition - May 2009,
Tata McGraw hill publications
7, West Patel Nagar,
New Delhi - 8
398
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK23
Semester : II No. of Hrs allotted: 8
Paper : Core No. of Credits : 6
Title of the paper: ADVANCED ACCOUNTANCY
Course Objectives: To train the students in preparing the final accounts of non-profit
organizations and accounts of Consignments and Joint ventures.
UNIT – I : Accounts of Nonprofit Organisations – Meaning of non-profit organization-
Treatment of Peculiar terms viz., donation, legacy and subscription - Receipts & Payments
account Versus Income & Expenditure account – Preparation of Income and Expenditure
account and Balance Sheet from Receipts and Payments Account.
UNIT – II: Single Entry System - Meaning – limitations –Double entry system versus Single
entry system – ascertainment of profit – Net worth method – Conversion method – Balance sheet
Versus Statement of affairs – Preparation of final accounts from incomplete records.
Unit – III: Consignment Accounts: Meaning – Consignment versus Sale – Journal and Ledger
in the books of consignor and the consignee – Treatment of Normal loss and abnormal loss-
Valuation of Closing stock - Invoice price method.
Joint venture: Meaning – Joint venture Versus Partnership – Consignment versus Joint venture
– Accounting for joint ventures –separate set of books– no separate set of books– memorandum
joint venture method.
Unit – IV: Depreciation Accounting - Meaning – causes and need for providing depreciation–
methods of providing depreciation and their accounting treatment: straight line method –
diminishing balance method – annuity method – sinking fund method and insurance policy
method.
Unit – V: Average Due Date: Meaning - Uses – Determination of average due date.
Account Current – Meaning – Preparation of account current – Product method – Red-ink
interest.
Text Book:
1. ADVANCED ACCOUNTANCY - VOL-I - T.S.Reddy, A.Murthy
Revised Edition,2009
Margham publications,
24, Rameshwaram Road,
T.Nagar, Chennai -17.
Books for Reference:
1FINANCIAL ACCOUNTING - S.P.Jain & J.L. Narang,
Revised Edition 2012,
Kalyani Publishers, B-I/1292,
Rajinder Nagar, Ludhiana
2. ADVANCED ACCOUNTANCY - VOL-I - R.L.Gupta & M. Radaswamy,
Revised edition – 2012
S.Chand & Company Ltd,
Ram Nagar, New Delhi-110 055
399
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No :ESK21(P)
Semester : II No. of Hrs allotted : 2
Paper : Skill Based Electives No. of Credits : 2
Title of the paper : WRITTEN COMMUNICATION SKILLS
Course Objective: To enable the students proficient in writing letters.
UNIT – I : Introduction to Written Communication and Business Correspondence:
Meaning – Merits and Demerits of Business Letter – Needs functions – Layout – Letter of
Enquiring, Placing order and Credit Status Enquiry.
UNIT – II: Art of Writing Letters: Banking Correspondence – Letter requesting the Banker
to stop payment of cheque – Overdraft facility – Request for opening Letter of Credit – Job
Application – Letter – Types – Form and Content of Application Letter – Letter to the Principal
requesting for Bonafide Student Certificate, Bus Pass Forms – Fee Structure Certificate for
Scholarship.
Text Book:
1. . ESSENTIALS OF BUSINESS - Rajendra Paul & J.S. Korlahalli
COMMUNICATION Revised Edition 2012,
Sultan Chand and Sons,
23, Dharyaganj,
New Delhi –2.
Books for Reference:
1. BUSINESS COMMUNICATION - Urmila Rai & S.M. Rai
7th
Edition 2005.
Himalya Publishing House,
New Delhi.
2. BUSINESS COMMUNICATION AND - Homaipradhan,D.S.Bhende&
CUSTOMER RELATIONS Vijaya Thakur
Himalaya Publishing House(2008)
Dr.Bhalerao Marg Girgam
400
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK31
Semester : III No. of Hrs allotted : 3
Paper : Core No. of Credits : 3
Title of the paper: MS-OFFICE
Course Objectives : To expose students on the basic methodology of creating documents,
processing data and practicing power point presentations.
UNIT I - Introduction of Computers – Characteristics of Computers – Components of computer
- Benefits of Using Computers – Recent trends in computer system - Working with windows -
MS Office applications.
UNIT II – Microsoft Word: Creating a New document – Edit and Formatting a document –
Change the Page Layout, Background and Borders – Headers & Footers – Creating Tables –
Editing tables – Insert Word Art, Clip Arts & Pictures – Mail Merge.
UNIT III - Microsoft Excel: Building a Spread sheet – Using Auto fill – Adding and
Removing Rows and Columns – Creating and Copying formulae – Changing column widths &
Row Height – Hyperlink - Using Auto format – Creating and Printing a chart.
UNIT IV - Microsoft Power Point: Creating and Saving a presentation using Auto-content
wizard - Design template – Blank presentation – Opening an Existing presentation – Setting slide
transitions – Slide Animations – Power point Presentation views – Printing slides, Notes and
Handouts.
UNIT V - Microsoft Access: Creating a new database – Creating a new table – Creating a
Primary key – Editing Fields – Sorting records – Querying a database – Forms - Reports.
Text Book:
1. MS OFFICE 2000 FOR EVERY ONE – Sanjey Saxena,
New Edition -2009
Vikas Publishing House Pvt.Ltd.,
New Delhi.
Books for Reference:
1. MS-OFFICE - Nellai Kannan, C., ,
Revised Edition - 2002
Nels Publications,
Thirunelvelli,
Tamil Nadu
2. MS-OFFICE:Manual - A.M.Malhotra&P.S.Bright
2012
401
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK32
Semester : III No. of Hrs allotted : 5
Paper : Core No. of Credits : 4
Title of the Paper: BANKING THEORY, LAW and PRACTICE
Course Objective: To make the students aware of the facilities and services offered by the
Commercial Banks.
UNIT I : Introduction to Banking: Definition of Banking – Types of banks – Commercial
Banks – Functions – Agency services and General utility services of Commercial Banks –
Relationship between Banker and Customer – General and Special relationship - RBI and its
functions
UNIT II: Cheques: Meaning and definition – Characteristics of a Cheque – Drawing up of a
Cheque - Cheque Versus Draft – Crossing – Types of Crossing – Significance of each Crossing
– Endorsement – Kinds of Endorsement – Significance of each Endorsement.
UNIT III: Bank Lending: Principles of sound lending – Forms of Advances – Secured and
Unsecured Advances
Secured Advances: Advances against Goods – Documents of title to goods (Bill of Lading,
Warehouse Receipts, Railway Receipts only) – Stock Exchange Securities- Government
Securities – Precautions to be taken by a banker in each case.
UNIT IV: Recent Trends in Banking: Electronic Banking- Features- Internet Banking versus
Traditional banking – Mobile banking – Features – Requirements – Telephone banking –
Features – Telephone banking facilities – ATM – Features – Functions of ATM – Benefits of
ATM – Credit Cards – Features Electronic Fund Transfer– Real Time Gross
Settlement(RTGS).
UNIT V: Banking Ombudsman: Meaning – Object – Appointment of Ombudsman – Powers
and duties of Ombudsman – Procedure for Redressal of Grievance – Settlement by agreement –
Settlement by recommendation – Settlement by award.
Text Book:
1. BANKING THEORY LAW AND PRACTICE - E. Gordon & K. Natarajan,
22nd
Revised Edition 2013,
Himalaya Publishing House,,
Delhi.
Books for Reference:
1. BANKING THEORY LAW AND PRACTICE – K.P.M. Sundaram & Varshney,
Revised Edition 2013.
Sultan Chand & Sons,
23 Daryaganj, New Delhi.
2. BANKING THEORY LAW AND PRACTICE – Srivastava,
Revised Edition 2009,
Himalaya Publication House,
Delhi.
402
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK33
Semester : III No. of Hrs allotted: 8
Paper : Core No. of Credits : 5
Title of the paper: PARTNERSHIP ACCOUNTS
Course Objectives : To train the students in preparing the accounts maintained by the
partnership firms.
UNIT – I : Partnership Accounts : Introduction – Partnership Deed – Rules applicable in the
absence of an agreement – Profit and Loss appropriation account – Fixed capital account –
Fluctuating capital account –Interest on capital and interest on drawings (excluding Past
adjustments and Guarantees).
UNIT – II: Admission of a Partner: New profit sharing ratio – Sacrificing ratio – Revaluation
of Assets and Liabilities – Memorandum Revaluation Account– Methods of Valuation of
Goodwill – Treatment of Goodwill (as per Accounting Standard 10 ) - Adjustment of capital in
proportion to profit sharing ratio- Balance sheet of the new firm.
UNIT – III : Retirement of a Partner: Retirement – Treatment of Goodwill –Gaining ratio –
settlement of amount due to the retiring partner - Admission cum Retirement – Calculation of
capital of the new firm – Balance sheet of the new firm.
Death of a partner – Settlement of deceased partner’s capital account – Executors account- Joint Life
Policy
UNIT – IV: Dissolution Accounting: Simple dissolution - Settlement of accounts on
Dissolution – Firms debts versus private debts – Entries on dissolution – Insolvency of a partner
– Garner Versus Murray rule – Fixed and Fluctuating capital – Insolvency of all Partners.
Piece-meal Distribution: Proportionate capital method and Maximum loss method.
UNIT – V: Amalgamation of firms and sale to a company: Amalgamation of Firms –
Accounting treatment – Sale of Firm to a Company – Purchase consideration - Accounting
treatment in the books of the Firm.
Text Book:
1. ADVANCED ACCOUNTANCY - T.S.Reddy & A. Murthy,
Revised Edition - 2012,
Margham Publications,
24, Rameshwaram Road,
T.Nagar, Chennai - 17. Books for Reference:
1. ADVANCED ACCOUNTANCY – R.L.Gupta & M. Radaswamy,
Revised Edition– 2012
S. Chand & Company Ltd.,
Ram Nagar, New Delhi – 110 055.
2. FINANCIAL ACCOUNTING – S.P. Jain & K.L. Narang,
13th Edition – 2009
Kalyani Publishers, B-I/1292,
Rajinder Nagar, Ludhiana.
403
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : NME1
Semester : III No. of Hrs allotted: 2
Paper : Non Major Electives No. of Credits : 2
Title of the paper: ACCOUNTING FOR MANAGERS
Course Objectives : To make non-commerce students understand the basic accounting
concepts so as to enable them to prepare the statements and final accounts of sole proprietary
concerns.
UNIT – I Accounting : Meaning – Objectives – Branches of Accounting – Double Entry
System– Preparation of Journal, Ledger and Trial Balance-Subsidiary Books – Meaning –
Advantages –List of subsidiary books - Preparation of Purchases book, Sales books, Purchases
returns book, Sales returns book – Cash book – Single column, Double column and Three
column cash book – Petty cash book – Imprest system - Journal proper.
UNIT– II: Final Accounts of Sole Traders – Trading Account – Profit and Loss Account –
Balance Sheet – Adjustment entries – Treatment of Closing Stock – Outstanding expenses,
prepaid expenses, Depreciation, Interest on Capital and Interest on Drawings.
Text Book:
1. ADVANCED ACCOUNTANCY- Volume: I - T.S.Reddy,A. Murthy
Revised Edition – 2009,
Margham Publications,
T.Nagar, Chennai -17.
Books for Reference:
1. ADVANCED ACCOUNTANCY- Volume: I – S.P. Jain, K.L. Narang
3 rd Edition 2009,
Kalyani Publishers,
Ludhiana.
2. ADVANCED ACCOUNTANCY- Volume: I – R.L.Gupta & M. Radaswamy,
Revised edition 2008,
S. Chand & Company Ltd.,
New Delhi – 110 055.
404
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : AK31
Semester : III No. of Hrs allotted : 5
Paper : Allied No. of Credits : 4
Title of the paper : Business Environment and Business Ethics
Course Objective: To familiarize the students with the various dimensions, social
responsibilities and ethics of business in the competitive environment.
UNIT: I Business and its environment
Nature of business – Scope of business – Objectives of business – Business environment-
Importance –Dimensions of business environment: Economic, Social, Cultural, Political, Legal,
Demographic, Natural and Technological environment.
UNIT : II Economic and Political Environment - Economic systems – Capitalism –
Socialism – Mixed economy - Features, merits & limitations of each system – Role of
Government in business : Regulatory role , Promotional role , Entrepreneurial role and Planning
role – Constitution of India – The Preamble – The Fundamental Rights – The Directive
Principles.
UNIT : III Industrial policy Resolutions in India - Meaning – Need & Importance of
Industrial policy - Industrial Policy Resolutions 1948 & 1956 – The New Industrial policy 1991
– Features – Meaning of Liberalization, Privatization and Globalization.
UNIT : IV Global Environment - Meaning – Merits and Demerits of Globalization – GATT
(General Agreement on Tariffs and Trade) – Meaning, Objectives – WTO and its functions -
MNCs (Multinational Companies) – Benefits and limitations of MNCs.
Unit : V Social Responsibility and Ethics of Business
Concept – Responsibility to shareholders, employees, consumers and community.
Ethics and business ethics – Introduction – Need and importance – Nature and scope,
and objective of business ethics – Factors influencing business ethics - Characteristics of
business ethics.
Reference
Text Book
1. Essentials of Business Environment K.Aswathappa,
Reprint 2014
Himalaya Publishing House
New Delhi.
Books for Reference
1. Business Environment Francis Cherunilam
Reprint, 2012
Himalaya Publishing House
Mumbai.
2. Business Environment Dr.K.Chidambaram &
Dr.V.Alagappan, 2012
Vikas Publishing House Pvt Ltd
New Delhi.
3. Business Environment A.C.Fernando
First Edition, 2011
Dorling Kindersley (India) Pvt.Ltd. Noida.
405
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Com Code No : MK 41
Semester : IV No. of Hrs allotted : 5
Paper : CORE No. of Credits : 4
Title of the Paper: Entrepreneurship and Small Business Management
Course Objectives : To expose students to the concepts of Entrepreneurship and to enable
them to start a small business enterprise.
UNIT – I Entrepreneurship: Meaning – Evaluation of the concept of the entrepreneur –
Characteristics of successful entrepreneur – Functions –Needs for an entrepreneur – Types of an
Entrepreneur – Intrapreneur - Growth of Entrepreneurship in India – Role of Entrepreneurship in
Economic Development
UNIT – II Women Entrepreneurship: Concept of Women Entrepreneur – Functions of
Women Entrepreneur – Growth of Women Entrepreneurship in India – Problems of Women
Entrepreneur – Developing Women Entrepreneur – Limitations of Women Entrepreneur –
Institutional support and Assistance to Women Entrepreneur.
UNIT – III Entrepreneurial Development Programmes: Meaning of Entrepreneurial
competency – Major Entrepreneurial competencies – Meaning of EDP – Need for EDP –
Objectives of EDP – EDP in India – Phases of EDP – Problems of EDP
UNIT – IV Institutional Finance & Support to Entrepreneur: Need for Institutional
finance – Commercial banks – IDBI – IFCI – ICICI – IRBI – SFC – SIDCS – SIDBI – EXIM
bank - Need for institutional support – NSIC – SIDO – SSIB – SSID – SISI – DIC – TCO
UNIT – V Micro & Small Enterprises: Meaning – Definition – Micro & Macro units –
Characteristics, Objectives and essentials of Small Scale Enterprises – Steps in stepping up of
small enterprises – Role of micro enterprises in economic development – Problems of Micro and
small Enterprises
Text Book:
1. Entrepreneurial Development - S.S.Khanka,
Revised Edition, 2013,
S.Chand & Company Ltd,
Ram Nagar, New Delhi-110 055.
Books for Reference:
1. Entrepreneurial Development – Renu Arora, S.K.Sood
Revised Edition,2004
Kalyani Publishers,
B-I/1292 Rajinder Nagar,
Ludhiana – 141 008 .
406
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK42
Semester : IV No. of Hrs allotted: 3
Paper : Core No. of Credits : 3
Title of the paper : ACCOUNTING PACKAGE
Course Objective : To make the students understand the fundamentals of accounting
package and to train them in preparing accounts.
UNIT: I Accounting on Computers: Introduction – Accounting system – Benefits of
accounting on computers – Tally fundamentals – Key components of Tally – Creation of
companies – F11: Features – F12:Configuration.
UNIT: II Processing Transactions in Tally: Classification of accounts – Groups – Predefined
groups/Reserved groups – Managing groups - Ledger accounts – Voucher entry – Default
vouchers - Various vouchers like Receipt, Payment, Journal & Contra .
UNIT: III Inventory Vouchers: Stock groups –Stock categories –Stock items – Units of
measure – Stock valuation methods – Inventory details in vouchers – Receipt note, Delivery
note, Rejections & Stock summary.
UNIT: IV Financial Reports in Tally: Trial Balance – Profit & Loss accounts - Balance sheet
– Ratio analysis – Day book – List of accounts.
UNIT:V Purchases and Sales Order: Creating , altering and deleting purchase order and
sales order – Credit purchase and credit sales – Duties and taxes (VAT only)
Text Book:
1. Comdex Tally 9- Course kit Dr.Namrata Agarwal ,
New Edition 2009
Dreamtech press
New Delhi
Reference Book
1. Tally 9 Nellai Kannan
Revised Edition 2009
Nels Publications,
Thirunelvelli
2. Implementing Tally 9 A. K. Nadhani, K. K. Nadhani
BPB Publications Publication
Edition 2007,
3. Tally 9.0 Dinesh Maidasani
Edition 2009
Firewal Media, New Delhi – 110 00.
407
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK43
Semester : IV No. of Hrs allotted : 8
Paper : Core No. of Credits : 5
Title of the paper: BUSINESS ACCOUNTING
Course Objectives : To make the students understand the special types of accounts such as
Royalty, Hire purchase, Branch and Departmental accounts.
UNIT – I : Royalty Accounts : Meaning – Minimum rent – Short workings – Recoupment of
short workings – Accounting records in the books of the lessor and lessee – Sub lease.
UNIT – II : Hire Purchase and Installment Systems : Hire purchase system – Features –
Calculation of interest – Accounting treatment in the books of buyer and seller (excluding hire
purchase trading accounts and stock and debtors system) – Default and repossession – Complete
repossession - Partial repossession– Installment system – Difference between Hire purchase
system and Installment system.
UNIT – III: Insolvency Accounts: Meaning – Insolvency Accounts - Preferential creditors
under the two Acts – Insolvency of individual – Preparation of statement of affairs and
deficiency account (excluding firm insolvency).
UNIT – IV: Branch Accounts: Branch accounting – Types of branches – Independent branch –
Debtors system (excluding stock and debtors system, foreign branches)
Departmental Accounts – Allocation of expenses – Inter-department transfers. (Excluding
unrealized profit on closing stock).
UNIT – V: Insurance Claims: Claims for loss of stock – Calculation of normal and abnormal
items – Application of average clause – Loss of profits – Steps in the preparation of claim under
loss of profits policy.
Farm accounting – Meaning – Objectives of Farm Accounting – Special characteristics
of Farm Accounting – Recording of farming transactions – Preparation of Final Accounts.
Text Book:
1. ADVANCED ACCOUNTANCY – Vol - I - T.S.Reddy,A. Murthy,
Revised edition 2012
Margham Publications,
24, Rameshwaram Road,
T.Nagar, Chennai - 17 .
Books for Reference:
1. ADVANCED ACCOUNTANCY - Vol - I – R.L.Gupta & M. Radaswamy,
13th Edition,2012
S.Chand & Company Ltd,
Ram Nagar, New Delhi-110 055.
2. ADVANCED ACCOUNTANCY-Vol - I – S.P. Jain & K.L. Narang,
Revised Edition 2009,
Kalyani Publishers,
B-I/1292, Rajinder Nagar,
Ludhiana
408
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : AK41
Semester : IV No. of Hrs allotted: 5
Paper : Allied II No. of Credits : 4
Title of the paper: INTERNATIONAL TRADE & EXPORT MANAGEMENT
Course Objectives : To enable the students to understand the importance of international
trade, the procedure for export of goods and services and the documents to be prepared at
different stages of processing of an export order.
UNIT I – Introduction to International Trade: Meaning – Features – Objectives – Motives -
Domestic Trade versus International Trade – Arguments for and against international trade –
Trade Policy - Free trade – Protection – Trade barriers – Tariffs and its types – Non Tariff
barriers and its types
UNIT II – International Trading Environment: GATT – Objectives, principles and defects of
GATT – World Trade Organisation (WTO) – Objectives and Functions of WTO- Salient
Features of UR Agreement –Concept of Balance of Trade and Balance of Payment – Foreign
Exchange Market – Functions and Dealings on the Foreign Exchange Market – Exchange Rate
systems and classifications .
UNIT III: Foreign Trade Policy and Regulation: Foreign Trade Policy – Objectives,
Strategies, Features and Promotional Measures – Foreign Trade Act (1992) - Export Promotion
in India – Importance and Objectives – Export Promotion Measures – EOU, EPZ, and SEZ.
UNIT IV – Export Finance : Institutional Finance for Export – Pre Shipment Credit – Post
Shipment Credit- EXIM Bank – ECGC – Quality Control and Pre Shipment Inspection – FERA
– FEMA – IMF – IFC – UNCTAD - UNIDO
UNIT V - Export procedures and Documentation – Procedures and Formalities in the export
of goods – Exchange control formalities – Shipping of goods – Export documents – Documents
related to goods – Certificates related to shipment – Documents related to payment – Documents
related to inspection – Documents related to Excisable Goods – Documents related to Foreign
Exchange Regulation.
Text Book:
1. INTERNATIONAL TRADE AND - Francis Cherunilam,
EXPORT MANAGEMENT 16th Edition 2008.
Himalaya Publishing House,
“Ramdoot”, Dr. Bhalerao Marg, Girgaon,
Mumbai-400 004.
Books for Reference:
1. INTERNATIONAL TRADE - S.Sankaran,
Revised Edition 2013.
Margham Publications,
Chennai – 600 017.
2. INTERNATIONAL MARKETING - T.A.S.Bala Gopal
AND EXPORT MANAGEMENT Himalaya Publishing House.“Ramdoot”,
Dr. Bhalerao Marg, Girgaon,
Mumbai-400 004.
409
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : ENK41(C)
Semester : IV No. of Hrs allotted : 2
Paper : Non Major Electives No. of Credits : 2
Title of the paper : COST COMPUTATION & CONTROL
Course Objectives : To make the students familiar with the methods and techniques of cost
computation and cost control to non-commerce students.
UNIT – I Introduction to Cost Accounting: Meaning of Cost, Costing and Cost Accounting -
Objectives of cost accounting – Classification of cost by elements and by functions –Methods of
costing versus Techniques of costing - Preparation of cost sheet (Simple Problems)
UNIT– II : Cost Control Techniques – Budgetary control – Meaning - Types of budgets –
Preparation of production budget - Flexible budget– Marginal costing technique – Meaning of
Marginal cost – Fixed costs versus Variable cost – Cost Volume Profit analysis- Break Even
Point (BEP)
Text Book:
1. COST ACCOUNTING - Jain & Narang
Revised Edition 2008,
Kalyani Publishers,
Ludhiana.
Books for Reference:
1. COST ACCOUNTING - M.N. Arora
Revised edition- 2007.
Vikas Publishing House Pvt. Ltd.
Noida, New Delhi
2. COST ACCOUNTING - Tulsian
Revised edition – 2007.
Tata MC Graw Hill Co,
New Delhi.
410
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : ESK41 (Q)
Semester : IV No. of Hrs allotted: 2
Paper : Skill Based Electives No. of Credits : 2
Title of the Paper: QUANTITATIVE APTITUDE SKILLS
Course Objectives: To improve the quantitative aptitude skills of the students and to enable
them to take up competitive examinations confidently.
UNIT – I: Percentage – Time & Work - Time & Distance .
UNIT – II: Profit and Loss – Stocks and Shares – Data Interpretation (Tabulation, Barchart and
Pie chart).
Text Book:
1. QUANTITATIVE APTITUDE R.S. Agarwal
7th
Edition, 2008
S. Chand & Company Ltd,
New Delhi – 110 055.
Books for Reference:
1. BUSINESS MATHEMATICS P.R. Vital
Third Edition 2005,
Margham Publications,
24, Rameswaran Road,
T.Nagar, Chennai – 600 017.
411
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK51
Semester : V No. of Hrs allotted: 8
Paper : Core No. of Credits : 6
Title of the paper: CORPORATE ACCOUNTING
Course Objectives : To train the students in the preparation of company accounts and to
enable them to prepare company final accounts.
UNIT – I : Shares : Shares – Definition – Classes of shares – Issue of shares for cash – Calls in
advance and Calls-in-arrear – Issues of shares for consideration other than cash – Issue of shares
at premium – Issue of shares at discount – Forfeiture of shares–Re-issue of forfeited shares.
Debentures – Definition – Types of debentures – Issue of debentures – Redemption of
debentures through sinking fund and purchase of own debentures
Underwriting of shares and debentures : Underwriting – Marked and Unmarked applications
– Pure underwriting – Determination of liability of underwriters – Firm underwriting.
UNIT – II: Acquisition of Business : Acquisition of business – Accounting treatment when new
set of books are opened – Purchase consideration – Treatment in the books of vendor –
Treatment in books of purchaser when debtors and creditors are taken over on behalf of vendor-
Accounting treatment when same set of books are continued – Treatment of debtors and creditors
when not taken over.
Profit Prior to Incorporation: Meaning – Calculation of time ratio and sales ratio –
Weighted ratio – Computation of pre- incorporation and post – incorporation profit.
UNIT - III : Amalgamation, Absorption and Reconstruction: Meaning – Purchase
consideration – Accounting treatment in the books of purchasing company and the vendor
company – Alteration of share capital – Internal reconstruction – Scheme of capital reduction –
Construction of Balance Sheet after reconstruction (Excluding external reconstruction)
UNIT - IV: Valuation of Goodwill and Shares: Goodwill – Definition – Factors affecting
value of goodwill – Need for valuation – Methods of Valuation - Valuation of shares –Yield
method – Earning capacity method – Fair value of a share.
UNIT – V: Liquidation: Meaning – Legal provisions – Order of payment – Preferential
payments – Preparation of liquidator’s final statement of account.
Text Book:
1. CORPORATE ACCOUNTING - T.S.Reddy & A.Murthy
Reprint 2012,
Margham publications,
24, Rameshwaram Road,
T.Nagar,Chennai-17.
Books for Reference:
1. ADVANCED ACCOUNTANCY –Vol-II R.L. Gupta & M.Radaswamy
Revised Edition – 2012
Sultan Chand & Sons,
New Delhi-2.
2. CORPORATE ACCOUNTING - S.Kr. Paul,
Revised Edition – 2009.
New Central Book Agency
8/1, Chindamoni Das lane,
Kolkatta – 700 009.
412
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK52
Semester : V No. of Hrs allotted : 5
Paper : Core No. of Credit : 5
Title of the paper : COSTING - I
Course Objectives: To enable the students to learn the basic concepts of Cost Accounting and
enable them to compute the cost of products and services.
UNIT I Cost Accounting: Meaning and definition – Objectives – Advantages – Cost
Accounting Versus Financial Accounting –Cost Accounting Versus Management Accounting–
Elements of Cost – Cost Classification – Cost Sheet.
UNIT II Materials : Material Control Techniques – Economic Order Quantity (EOQ) –Bin
Card Versus Stores Ledger – Pricing of material issues under LIFO, FIFO, Simple Average,
Weighted Average and Base Stock Methods – Merits and demerits of each method – ABC
Analysis - VED Analysis, Continuous stock taking and Perpetual Inventory System.
UNIT III Labour: Time Wage System and Piece Wage System – Merits and demerits –
Essentials of a good wage system.
Incentive Schemes: Halsey Plan, Rowan Plan, Taylor’s Differential Piece Rate, Merrick’s
multiple piece rates – Computation of labour cost - Labour Turnover – Causes – Methods of
computing Labour Turnover.
UNIT IV Overheads: Meaning – Functional Classification of Overheads - Allocation Versus
Apportionment of Overheads – Bases of Apportionment –Primary Distribution and Secondary
Distribution of Overheads: Repeated distribution, Simultaneous equation method, step and ladder
method – Absorption of overheads- Bases of absorption - Calculation of Machine Hour Rate.
UNIT – V Reconciliation of Cost and Financial Accounts: Need for Reconciliation – Reasons
for disagreement – Procedure of Reconciliation.
Text Book:
1. COST ACCOUNTING - S.P.Jain & K.L. Narang,
Revised Edition – 2012
Kalyani Publishers, B-/1292, Rajinder Nagar, Ludhiana.
Books for Reference:
1. ADVANCED COST ACCOUNTING – V.K. Saxena & C.D. Vashist,
Sultan Chand and Sons(2011)
23, Dharyaganj, New Delhi –2
2. COST ACCOUNTING - P C Tulsian
Ist Edition 2008,
Tata MC Graw-Hill Publishing Co
.,Limited, New Delhi.
413
THIAGARAJAR COLLEGE, MADURAI – 625 009
(Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014 – 2017 Batch onwards)
Course : B.COM Code No : MK53
Semester : V No. of Hrs allotted : 5
Paper : Core No. of Credits : 4
Title of the Paper: MANAGEMENT ACCOUNTING
Course Objectives: To expose students to management principles, management accounting and
their applications.
UNIT I Management Accounting: Meaning - Definition – Nature and Scope – Functions –
Objectives – Financial accounting and Management accounting – Management accounting and
Cost accounting – Utility of management accounting – Limitations of management accounting.
Financial Statements – Analysis and interpretation of Financial Statements – Common size and
Comparative statements – Trend Analysis.
UNIT II Ratio Analysis: Meaning - Utility and Limitations of Ratio Analysis – Classification
of Ratios – Computation of Liquidity, Solvency, Profitability and Turnover Ratios and
construction of Balance Sheet.
UNIT III Funds Flow Analysis: Meaning – Objectives –Preparation of fund flow statement –
Calculation of fund from operation –Advantages and limitations of fund flow analysis – Fund
flow statement versus Balance sheet.
UNIT IV Cash Flow Analysis: Meaning – Preparation of cash flow statement (As per AS 3) –
Calculation of cash from operation –Utility and Limitation of cash flow analysis.
UNIT V Working Capital Management: Meaning - Concepts and importance of working
capital – Factors determining working capital requirements – Sources of working capital –
Estimating working capital.
Text book :
1. MANAGEMENT ACCOUNTING: Shashi K. Gupta R. K. Sharma,
Revised Edition – 2012
Kalyani Publishers,
B-I/1292, Rajinder Nagar,
Ludhiana.
Books for Reference
1. MANAGEMENT ACCOUNTING AND
FINANCE CONTROL: S.N. Maheswari,
Revised Edition – 2012
Vikas Publishers, Delhi.
2. MANAGEMENT ACCOUNTING: A. Murthy, S. Gurusamy
2nd
Edition – 2011,
Tata McGrew-Hill,
Publishing Company Ltd,
New Delhi.
3. PRINCIPLES OF MANAGEMENT
ACCOUNTING: Man Mohan & Goyal,
Sahtiya Bhawan, Agra – 3.
414
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : EMK54
Semester : V No. of Hrs alloted : 5
Paper : Core Elective No.of Credits : 3
Title of the paper: MARKETING MANAGEMENT
Course Objectives : To make the students aware of the basic concepts of marketing and the
art of personal selling.
UNIT – I Marketing : Definition – Importance - Scope – Approaches to the study of
marketing- Marketing concepts.
Functions of marketing: Functions of exchange, Functions of physical treatment, and Functions
of facilitating exchange - Marketing mix – Marketing is science as well as an art.
UNIT – II Product : Features – Classification of products – Stages in New Product
Development – Product line and mix - Product differentiation; Branding; Packaging; Labeling –
Product Life cycle.
Pricing: Types - Kinds - Factors influencing pricing decisions – Pricing strategies – Procedure
of price determination.
UNIT – III Physical Distribution: Different channels - Functions of middlemen - Factors
considered for selecting a channel – Wholesalers and retailers – services - Direct marketing
UNIT – IV Promotion : Promotion mix- Sales promotion – Objectives– Advertising – Kinds –
advertising media - Personal selling – kinds – Functions – Qualities of a good salesman –
Personal selling Vs. Sales promotion – Market research.
UNIT – V Market Segmentation: Meaning - Importance - Bases of market segmentation -
Consumer behaviour – Fundamentals - Factors influencing consumer behaviour – Electronic
marketing – Significance of Electronic marketing.
Text Book:
1. MARKETING MANAGEMENT - R.S.N. Pillai and Bagavathi
S. Chand & Company Ltd.,
Ram Nagar,
New Delhi – 110 055.
Books for Reference:
1. MARKETING MANAGEMENT – Rajan Saxena,
Tata MC Graw Hill Publishing Company Limited,
7, West Patel Nagar,
New Delhi – 110008.
2. MARKETING MANAGEMENT – Philip Kotler
44th
edition – 2001.
Prentice Hall of India(P)Limited.
New Delhi-110 001.
3. MARKETING MANAGEMENT – Dr. C. B. Gupta & Dr. N. Rajan Nair
Reprint: Edition 2012
Sultan Chand & Sons (P) ltd.,
New Delhi - 110002
415
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : EMK55
Semester : V No. of Hrs allotted : 5
Paper : Core Elective No. of Credits : 3
Title of the paper : INCOME TAX LAW & PRACTICE - I
Course Objective : To enable the students to learn the various provisions of the Income
Tax Act 1961 and to apply them to compute tax under different heads of income.
UNIT – I Introduction: Basic concepts – Exempted incomes – Fully exempted incomes – Partly
exempted incomes – Agricultural income and Non- Agricultural income - Heads of incomes -
Gross Total Income-Tax rate for individuals.
Residential status of individuals and HUFs – Incidence of tax – Problems on incidence of taxation
UNIT – II Income from salaries: Different forms of salary – Treatment of Allowances –
Perquisites - Deductions from salary income – Computation of income from salary.
UNIT - III Income from House property: Basis of charge – Exempted house property incomes
– Computation of income from let out house property – Gross Annual Value- Deductions u/s 24 -
Treatment of loss from house property – Income from self occupied house property – Computation
of total Income from house property.
Unit IV Income from Business / Profession : Expressly admissible deductions – Expenses
expressly disallowed- Deemed profits- Valuation of stock- Computation of Income from Business-
Cash system and mercantile system of accounting - Computation of Income from Profession-
simple problems.
UNIT - V Income from Capital gains - Basis of charge – Meaning of capital assets – Types of
capital gains- Transactions not regarded as transfer – Indexed cost of acquisition- Indexed cost of
Improvement- Computation of capital gain - Exempted capital gains.
Income from Other Sources - Chargeability – Interest on Securities – Basis of charge- Grossing
up - Deductions – Computation of Income from other sources.
Text Book:
1. INCOME TAX LAW & ACCOUNTS – Dr. H.C.Mehrotra,
Revised Edition (as per latest AY)
Sahitya hawan Publications,
Hospital Road, Agra – 282 003
Books for References:
1. INCOME TAX LAW & PRACTICE – V.P.GAUR,
D.B.NARANG,
Revised edition (as per latest AY)
Kalyani Publications
B-1/1292, Rajinder Nagar,
Ludhiana-141 008
2. INCOME TAX LAW & PRACTICE – T.S.REDDY AND MURTHY,
Revised edition (as per latest AY)
Margham Publications, Chennai-17.
416
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : BCOM Code No :
Semester : V No. of Hrs allotted :
Paper : Self Study Paper No. of Credits :
Title of the paper : FINANCIAL SERVICES AND MARKETS
Course Objectives : To expose the students to the financial markets and financial products
and services.
UNIT – I : The Financial System in India: Functions of the financial system – Financial
Assets – Financial intermediaries – Financial markets – Capital market – Money market –
Financial instruments.
UNIT – II: Market for securities: The new issues market – Functions of new issue market –
Players in the new issues market – Methods of primary issue of shares.
UNIT – III: Stock Exchanges in India: The secondary market – Organisation of stock
exchanges in India – SEBI – Functions and powers of SEBI.
UNIT- IV: Merchant Banking: Definition – Origin – Merchant Banking in India – Services
rendered by merchant banks – Qualities required of Merchant Bankers – General obligations and
responsibilities of Merchant Bankers.
UNIT - V: Mutual Funds: Meaning – Fund unit Vs shares – Types and Classification of funds
– Importance of mutual funds – Risks – Organisation of the Fund – Operation of the fund –
Facilities available to investors – Private Mutual Funds.
Text Book:
1. FINANCIAL MARKETS AND SERVICES - E. Gordon & K. Natarajan,
Revised Edition -2010
Himalaya Publication,
Mumbai.
Books for Reference:
1. FINANCIAL SERVICES – M.Y. Khan,
Revised Edition 2000,
Tata MC Graw Hill,
New Delhi.
2. INDIAN FINANCIAL SYSTEM – H.R. Machiraju,
Revised edition 2010
Vikas Publishing House,
New Delhi.
417
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK61
Semester : VI No. of Hrs allotted: 8
Paper : Core No. of Credits : 6
Title of the paper: SPECIAL ACCOUNTS
Course Objectives : To train the students in preparing the accounts of special types of
Corporate business entities.
UNIT – I Accounts of Banking Companies: Preparation of profit and loss account and
balance sheet – Legal form – Bills for collection – Acceptances and endorsements – Branch
adjustments – Adjustments of bad and doubtful debts, Rebate on bills discounted, provision for
taxation and depreciation.
UNIT – II Accounts of Insurance Companies: Accounts of Life Insurance Business – Types
of policies – Annuity business – Surrender value – Life Assurance Fund – Preparation of final
accounts – Revenue account – Valuation balance sheet - Balance sheet– Accounts of General
Insurance Business – Fire and Marine Insurance – Profit and Loss account – Balance sheet.
UNIT – III Accounts of Electricity Companies: Double account system – Single account
system versus Double account system – Advantages of double account system – Final accounts
under double account system – Simple adjustments – Replacement of an asset – Disposal of
Surplus.
UNIT - IV Final Accounts of Joint Stock Companies: Contents of final statement – Balance
sheet – Profit and Loss account – Calculation of managerial remuneration.
UNIT V Accounts of Holding Companies: Meaning of Holding Company and Subsidiary
company – Preparation of consolidated balance sheet – Minority interest – Cost of control or
capital reserve – Pre-acquisition losses – Treatment of contingent liabilities and unrealized
profits.
Text Book:
1. CORPORATE ACCOUNTING - T.S.Reddy & A.Murthy,
Reprint 2012
Margham publications,
24, Rameshwaram Road,
T.Nagar,
Chennai -17.
Books for Reference:
1. ADVANCED ACCOUNTANCY VOL - II - S.P.Jain & K.L. Narang,
Revised Edition – 2009,
Kalyani Publishers,
B-/1292, Rajinder Nagar,
Ludhiana.
2. ADVANCED ACCOUNTANCY - VOL - II - R.L. Gupta & M.Radaswamy
Edition – 2012
Sultan Chand & Sons,
New Delhi-2.
418
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Com Code No : MK62
Semester : VI No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the Paper: Fundamentals of Investment Management
Course Objective: To enable the students to understand the basic concepts and theories of
investment management.
Unit I Nature and Scope of Investment : Investment – Features of investment - Classification
of investment – Investment and Speculation – Investment process – Investment alternatives –
Real investment – Contingent investment – Sources of investment information.
Unit II Securities Market: Primary market – Functions- Underwriting – Public issues – Offer
of sale – Private placement – Rights issue – Participants in the primary market.
Secondary market – Characteristics of Stock Exchanges – Stock Exchanges in India –Listing of
securities – Merits and demerits of listing –Kinds of brokers in Stock Exchanges.
Unit III Risk and Return: Risk – Uncertainty – Causes of risk- Classification of risks –
Systematic risk – Unsystematic risk – Measurement of risks – Components in return on
investment – Factors determining the return on investment – Measurement of return- Traditional
methods – Modern methods.
Units IV Approaches to Fundamental and Technical Analysis: Fundamental analysis –
Economic analysis – Variables and techniques for economic analysis – Industry analysis –
Classification of industry – Life cycle of an industry – Key factors in industry analysis –
Company analysis – Sources of information – Analysis of company’s earnings – Ratio analysis –
Technical analysis – Assumptions – Technical analysis versus fundamental analysis – Dow
Theory – Minor trends – Chartist method- Charts – Line chart – Bar chart – Candlestick charts –
Points and figures chart.
Unit V Concept of Valuation: Time value of money – Valuation of financial assets by
applying the concept of time value of money – Future value of a series of payments – Annuities
– Compounding and discounting techniques – Valuation of equities – Holding period return –
Valuation of equity shares based on accounting information and dividends – Bond valuation –
Yield to Maturity (YTM) and Yield to Call (YTC) (simple problem only).
Reference
Text Book
1. Investment Management L.Natarajan
Reprint 2012
Margham Publications
Chennai – 600017.
Books for Reference
1. Investment Analysis and Portfolio Management R.P.Rustagi
Revised Edition
Sultan Chand & Sons
Educational Publishers
New Delhi 110002.
2. Investment Management Preeti Singh
18th
Revised Edition, 2013
Himalaya Publishing House
New Delhi.
419
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK63
Semester : VI No. of Hrs allotted : 5
Paper : Core No. of Credits : 4
Title of the paper: PRINCIPLES & PRACTICE OF AUDITING
Course Objective: To make the students to learn the basic principles and procedures of
auditing.
UNIT I Basic Principles of Auditing : Definition – Nature and Scope of Auditing –
Difference between Accounting, Auditing and Investigation – Objects of Audit – Qualities of an
Auditor – Types of Audit – Ethics of Auditing.
UNIT II Audit Procedure and Internal Control: Preparatory steps to be followed in the
commencement of a new audit - Audit Programme – Audit Note Book – Audit Working Papers –
Audit Files– Audit report – Essentials of Effective Reporting.
Internal Control: Elements - Objectives – Internal check – Objects of Internal Check – Duties
of an auditor in connection with Internal check .
UNIT III Vouching : Definition - Meaning – Auditors duty regarding vouching of various
items of debit side of the cash book: cash in hand, collection from debtors, interest on investment
and rent received - Credit side of the cash book: wages, payment to suppliers, cash purchases and
purchase of land & buildings.
UNIT IV Audit of limited companies: Company Auditor - qualification, disqualification,
Appointment – Remuneration - rights and duties – removal of auditor - Liabilities of the auditor -
Civil and Criminal liabilities.
UNIT V Auditing of computerized accounting: EDP Audit – EDP Audit features and
limitation – General approach to EDP Audit – Major areas on Internal control system – CIS and
Internal Control System – Special Techniques for Auditing in EDP environment – Need for
CAAT – Types and Uses of CAAT.
Text Book:
1. AUDITING – B.N. Tandon,
Revised Edition-2009
Sultan Chand and Sons,
23, Dharyaganj, New Delhi
Books for Reference:
1. PRINCIPLES AND PRACTICE - Dr. T.R. Sharma
OF AUDITING Revised edition 2010
Sahithya Bhavan,
Hospital Road,
Agra –282 003.
2. CONTEMPORARY AUDITING - Kamal Gupta
Revised Edition-2008
Tata MC Graw Hill Publishing Co Ltd,
7, West Patel Nagar,
New Delhi – 110008.
3. A TEXT ON AUDITING - Partha Chaterjee,
Revised Edition – 2011,
Vrinda Publications (p) ltd,
New Delhi – 110 091.
420
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : MK64
Semester : VI No. of Hrs allotted : 5
Paper : Core No. of Credits : 5
Title of the paper : COSTING - II
Course Objective: To expose the students to the techniques of cost computation and control.
UNIT I Job Costing: Drafting Quotations and Tenders-Batching Costing-Contract Costing-
Calculation of Profits on Incomplete Contract.
UNIT II Process Costing-Features of Process Costing-Normal Loss-Abnormal Loss,
Abnormal Gain (Excluding inter process profits and Equivalent Production).
UNIT III Marginal Costing: Meaning – Features - Advantages – Limitations – Marginal
Costing versus Absorption Costing – Break Even Analysis and Cost Volume Profit analysis -
Applications of Marginal Costing.
UNIT IV Standard Costing: Standard cost and Estimated costs – Analysis of variances –
Material variances – Labour variances –Overhead variances – Advantages and limitations of
Standard costing.
UNIT V Budgetary Control: Meaning and need for Budget – Budget versus Forecast –
Standard costing versus Budgetary control– Functional Budget: Production budget , Production
cost budget, Sales budget and Cash budget – Flexible budget -Master budget– Advantages and
limitations of Budgetary control – Meaning of Zero base budgeting.
Text Book:
1. COST ACCOUNTING - S.P. Jain & K.L. Narang,
Revised Edition – 2012
Kalyani Publishers,
B-I/1292, Rajinder Nagar,
Ludhiana.
Books for Reference:
1. COST ACCOUNTING - R.S.N. Pillai & V. Bagavathi,
S.Chand & Company Ltd(2013)
Ram Nagar,
New Delhi-110 055.
2. ADVANCED COST ACCOUNTING – V.K. Saxena & C.D. Vashist,
Sultan Chand and Sons(2009)
23, Dharyaganj, New Delhi –2.
421
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.COM Code No : EMK62(I)
Semester : VI No. of Hrs allotted : 5
Paper : Core Elective - II No. of Credits : 3
Title of the paper : INCOME TAX LAW & PRACTICE-II
Course Objectives : To enable the students to learn the provisions of the Income Tax Act
1961 and to apply them to compute tax under different heads of income.
UNIT I Deductions from Gross Total Income: Computation of Gross Total Income –
Deductions from 80C to 80U- Deductions allowed to Individuals, firms and Companies
UNIT II Set off and carry forward of Losses: Set off- Intra-head adjustment – Inter-head
adjustment – Carry forward of losses – Unabsorbed depreciation.
UNIT III Assessment: Meaning – Procedure – PAN- Types of Assessment- Assessment of
Individuals - Computation of Gross Total Income- Deductions allowed out of Gross Total Income
– Computation of tax liability (Simple Problems).
UNIT IV Assessment of Partnership firms: - Partnership firm assessed as PFAS- Computation
of Book Profit of PFAS – Limits on payment of remuneration to partners of PFAF – Computation
of total income of PFAS – Deductions allowed out of Gross Total Income –Tax rate applicable to
PFAS- Individual Income of Partners
Partnership firm assessed as PFAOP - Computation of Business Income and Total Income of
PFAOP- Tax rate applicable to PFAOP -Individual Income of Partners of PFAOP- – Simple
Problems
UNIT V Assessment of Companies- Types of Companies – Residential status of company –
Computation of Gross Total Income of Companies – Tax liability of companies (Simple
Problems).
Text Book: 1. INCOME TAX LAW & ACCOUNTS – Dr. H.C.Mehrotra,
Revised Edition (as per latest
assessment year)
Sahitya hawan Publications,
Hospital Road,
Agra – 282 003
Books for References:
1.INCOME TAX LAW & PRACTICE – V.P.GAUR,
D.B.NARANG,
Revised edition (as per latest
assessment year)
Kalyani Publications
B-1/1292, Rajinder Nagar,
Ludhiana-141 008
2.INCOME TAX LAW & PRACTICE – T.S.REDDY AND MURTHY,
Revised edition (as per latest assessment
year)
Margham Publications
T.nagar, Chennai.
422
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Com Code No : SBE3
Semester : VI No. of Hrs allotted : 2
Paper : Part IV No. of Credits : 2
Title of the Paper: RESUME WRITING & INTERVIEW FACING SKILLS
Course objective: To expose the students to the basics of resume writing and to enable them to face the
interview.
UNIT I Resume Writing Skills: Resume – Meaning – Importance – Parts of resume – Kinds
of resume – Basics of resume writing – E-Resume – Sample resume – Resume for international
jobs
UNIT II Interview Facing Skills: Interview – Kinds – Patterned Interview – Non-directive
interviews – One to one interview – Panel interview – Stress interview – Stages in preparation of
Job interviews – Mental preparation – Physical preparation – Psychological preparation – Do’s
& Don’ts of facing interview – Making good impression during job interviews.
Text Book:
1. WINNING RESUME Jayant Neogy
Pustak Mahal Publishers(2010)
Darya Ganj,
New Delhi
2. Interview Facing Skils Course Manual Compiled by
The Commerce Department.
423
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-17 batch onwards)
Course : B.Sc MATHEMATICS Code No : SAM41
Semester : I No. of Hrs alloted : 5
Paper : Allied No.of Credits : 4
Title of the Paper: MANAGEMENT ACCOUNTING
Course Objectives: To expose students to principles of management accounting and their applications.
UNIT I MANAGEMENT ACCOUNTING: Meaning - Definition – Nature and Scope – Functions
– Objectives – Financial accounting and Management accounting – Management accounting and
Cost accounting – Utility of management accounting – Limitations of management accounting.
UNIT II FINAL ACCOUNTS OF SOLE TRADER: Trial Balance – Trading account – Profit and
Loss account – Balance Sheet –Adjustments – Closing stock – Outstanding expenses – Prepaid
expenses – Accrued income – Income received in advance – Depreciation – Bad debts – Provision for
bad and doubtful debts.
UNIT III FINANCIAL STATEMENT ANALYSIS: Analysis and interpretation of Financial
Statements – Common size and Comparative statements – Trend Analysis.
UNIT IV RATIO ANALYSIS: Meaning - Utility and Limitations of Ratio Analysis – Classification
of Ratios – Computation of Liquidity, Solvency, Profitability and Turnover Ratios and construction
of Balance Sheet – Simple problems only
UNIT V WORKING CAPITAL MANAGEMET: Meaning - Concepts and importance of working
capital – Factors determining working capital requirements – Sources of working capital – Estimating
working capital– Simple problems only
.
TEXT BOOK REFERENCE:
1. MANAGEMENT ACCOUNTING: Shashi K. Gupta R. K. Sharma,
Revised Edition – 2012
Kalyani Publishers,
B-I/1292, Rajinder Nagar,
Ludhiana.
BOOKS FOR REFERNCE
2. MANAGEMENT ACCOUNTING: A. Murthy, S. Gurusamy
2nd
Edition – 2011,
Tata McGrew-Hill,
Publishing Company Ltd, New Delhi
424
MFC (SF)
425
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
MASTER OF FINANCE & CONTROL
COURSE STRUCTURE (w.e.f 2014-16 batch onwards)
SEMESTER - I
SEMESTER - II
SEMESTER - III
Course
Code No
Subject
Contact
Hrs /
Week
Credits
Total
No of
Hrs
Allotted
Max
Marks
CA
Max
Marks
SE
Total
Core – 1 S1PK1 Advanced Business
Accounting 7 5 90 25 75 100
Core – 2 S1PK2 Business Law 5 4 90 25 75 100
Core – 3 S1PK3 Advanced Cost
Accounting 6 5 90 25 75 100
Core – 4 S1PK4 Applied Direct
Taxation 7 4 90 25 75 100
Elective1 S1PKE1 /
S1PKE2
Corporate
Governance and
Business Ethics /
Corporate Finance
5 5 90 25 75 100
TOTAL 30 23 450 125 375 500
Course
Code.No
Subject
Contact
Hrs /
Week
Credits
Total
No of
Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Core – 5 S2PK1 Advanced Financial
Accounting 7 5 90 25 75 100
Core – 6 S2PK2 Advanced Financial
Management 6 4 90 25 75 100
Core – 7 S2PK3 Information System
and Technology 5 4 90 25 75 100
Core – 8 S2PK4 Cost Analysis and
Control 7 5 90 25 75 100
Elective 2 S2PKE1/
S2PKE2
Operations
Management /
Service Marketing
5 5 90 25 75 100
TOTAL 30 23 450 125 375 500
Course
CodeNo
Subject
Contact
Hrs /
Week
Credits
Total No
of Hrs
Allotted
Max
Marks
CA
Max
Marks
SE
Total
Core – 9 S3PK1 Advanced Corporate
Accounting 7 5 105 25 75 100
Core – 10 S3PK2 Applied Indirect Taxation 6 4 90 25 75 100
Core – 11 S3PK3 Advanced Management
Accounting 6 4 90 25 75 100
Core – 12 S3PK4 Business Accounting
Package 4 3 60 25 75 100
Core –13 S3PKL1 Business Accounting
Package – Lab 2 2 30 40 60 100
Core –14 S3PK5 Auditing 5 4 75 25 75 100
TOTAL 30 22 450 165 435 600
426
SEMESTER - IV
A) CONSOLIDATION OF CONTACT HOURS AND CREDITS: M.F.C
SEMESTER CONTACT HOURS
/WEEK
CREDITS
I 30 23
II 30 23
III 30 22
IV 30 22
TOTAL 120 90
B) Curriculum Credits
Core --- 75Credits
Elective ---15 Credits
-----------------
Total 90 Credits
-----------------
Course
CodeNo
Subject
Contact
Hrs /
Week
Credits
Total
No of
Hrs
Allotted
Max
Marks
CA
Max
Marks
SE Total
Core – 15 S4PK1 Advanced Special
Accounting. 8 5 120 25 75 100
Core – 16 S4PK2 Cost Audit
&Management Audit 6 4 90 25 75 100
Core – 17 S4PK3 Strategic Management 5 4 75 25 75 100
Elective 3 S4PKE1/
S4PKE2
Security Analysis and
Portfolio Management
/ Financial Markets
and Services
6 5 90 25 75 100
PJ PJ1 Project 5 4 75 40 60 100
TOTAL 30 22 450 140 360 500
427
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : I MFC Code No : S1PK1
Semester : I No. of Hrs allotted: 7
Paper : Core No. of Credits : 5
Title of the Paper: ADVANCED BUSINESS ACCOUNTING
Course Objective (s): To expose the students to special types of accounts and enable them to
understand the intricacies of preparation of such types of accounting.
UNIT I BRANCH AND DEPARTMENTAL ACCOUNTS
Branch Accounts: Need for Branch Accounting – Types of Branches – Accounting of Retail
Dependant Branches – Debtors System – Stock and Debtors System – Final Accounts System –
Accounting of systems of an Independent Branch – Treatment of special items such as goods in
transit and cash in transit – Inter branch transfers – Incorporation of Branch Assets and
Liabilities.
Departmental Accounts: Advantages of Departmental accounts – Methods of Departmental
Accounts – Allocation of Departmental expenses – Departmental Trading and Profit and Loss
Account and Balance sheet.
UNIT II ROYALTY AND HIRE PURCHASE ACCOUNTS
Royalty Accounts – Minimum rent – Short workings – Recoupment of short workings –
Accounting entries in the books of the Lessor and Lessee – Sub lease
Hire Purchase Accounts – Nature of Hire purchase agreement – Accounting entries in the
books of the hire purchaser and hire vendor – Partial and Complete Repossession.
Instalment Payment System – Accounting entries in the books of the buyer and the seller
UNIT III INSURANCE CLAIMS AND INVESTMENT ACCOUNTS
Insurance claims – Loss of Stock policy – Loss of Profit policy – Procedures to ascertain the
value of stock and the amount of claim to be lodged.
Investment Accounts: Accounting for fixed income bearing securities – Cum interest vs. Ex
interest – Preparation of Investment Accounts.
UNIT IV PARTNERSHIP ACCOUNTS
Features of Partnership – Partnership Deed – Fixed and Fluctuating Capital Accounts –
Appropriation of net income – Admission, Retirement and Death of a partner – Adjustment in
regard to goodwill, Partner’s Capitals – Joint Life Policy
UNIT V DISSOLUTION AND AMALGAMATION OF FIRMS
Dissolution of Firms – Settlement of Accounts – Application of Garner vs. Murray for Fixed
and Fluctuating Capital – Piecemeal Distribution – Surplus Capital Method and Maximum Loss
Method.
Amalgamation of Firms – Accounting Entries in the books of Amalgamating firms –
Accounting Entries in the books of the new firm.
Text Book
1. ADVANCED ACCOUNTANCY - II S.P. Jain & KL Narang
Reprint 2012
Kalyani Publishers, New Delhi
Reference Books
1. MODERN ACCOUNTANCY - VOLUME I
A Mukherjee M Hanif 2nd Edition 2011
Tata McGraw-Hill Education
(P)Ltd., New Delhi.
2. FINANCIAL ACCOUNTING S N Maheshwari,
Sunil K Maheshwari
Sharad K Maheshwari Vikas Publishing House ,Delhi
428
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S1PK2
Semester : I No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the paper: BUSINESS LAW
Course Objectives : To familiarize the students with the provisions of various Acts relating
to commercial undertakings.
UNIT – I : Law of Contract - Nature of contract – Essential elements of a valid contract –
Offer and Acceptance – Void & Voidable Agreements - Consideration – Legality of object –
Quasi contracts - Contingent contracts – Termination or discharge of contract - Special contracts
– Indemnity & Guarantee – Bailment & Pledge – Laws of Agency.
UNIT – II : Sale of Goods Act – Definition - Formation of contract of sales – Conditions and
Warranties – Transfer of ownership and delivery - Performance of the contract of sale of goods
– Unpaid seller- Rights.
UNIT- III: Law relating to Employees – Factories Act, 1948– Industrial Dispute Act, 1947 –
Workmen Compensation Act, 1923 – Payment of Wages Act, 1936 – Provident Funds Act,
1952– Payment of Bonus Act, 1965 – Payment of Gratuity Act, 1972– Consumer Protection Act,
1986.
UNIT -IV: Laws relating to Partnership – Indian Partnership Act, 1932 – Nature of
partnership – Rights and liabilities of partners - Dissolution of firms – Limited Liability
Partnership Act, 2008 – Concepts, formation, membership & functioning – Dissolution.
UNIT -V: Prevention of Money Laundering Act 2011 – Concepts – Definitions – Various
transactions – Obligations of banks and financial institutions – RBI guidelines on KYC (Know
Your Customer).
Text Book:
1. MERCANTILE LAW – N. D. Kapoor
Revised Edition 2010
Sultan Chand & Sons,
Educational Publishers,
New Delhi.
Books for Reference:
1. BUSINESS LAW – K. R. Bulchandani
Himalaya Publishing House(2010),
‘Ramdoot’
Dr.Bhalerao Marg Girgam
Mumbai – 400 004.
2. INDUSTRIAL & LABOUR LAWS - K. C. Mandot
Premier Book Co.,(2010)
23, Daryaganj,
New Delhi – 110 002.
3. LAW FOR BUSINESS M.M Sulphey & Azhar Basheer
2nd
Edition 2013
PHI Learning Private Ltd.,
Delhi.
429
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S1PK3
Semester : I No. of Hrs allotted: 6
Paper : CORE No. of Credits : 5
Title of the Paper: ADVANCED COST ACCOUNTING.
Course Objectives : To expose the students to the cost accounting concepts and cost control
technique
UNIT I: - COST ACCOUNTING AND COST CONCEPTS:- Cost Accounting – Meaning –
Objectives and Importance – Installation of Cost Accounting – Status and Functions of Cost
Accountant.
Concept of Cost – Elements of Cost – Components of Total Cost – Classification of
Cost – Cost Sheet – Meaning, Methods and Techniques of costing.
Material Cost and Control – Objectives of material Control – Storage of materials –
Material control Techniques – EOQ – Material Level setting- ABC Analysis – VED Analysis –
XYZ Analysis – Prepectual Inventory system – Inventory Ratios – FSND Analysis – Kardex
system – Valuation of Materials – Pricing of Material Issues.
UNIT II:- LABOUR COST AND CONTROL:- Direct and Indirect Labour – Components of
labour Cost – Computation of Labour Cost – Control of Idle time and Overtime – Labour
Turnover – Causes and effects - Cost of Labour Turnover - Remuneration and Incentives –
Systems of Wage payment – Premium and Bonus Plans.
UNIT III:- ACCOUNTING AND CONTROL OF OVERHEADS:- Overheads – meaning –
classification – Allocation and Apportionment of overheads – Absorption of overheads – Actual
Versus Pre-determined Overhead rates – Machine hour Rate – under absorption and over
absorption of overheads.
UNIT IV:-METHODS OF COSTING:-Single, unit of output costing – Job and Batch costing –
contract costing.
UNIT V:- PROCESS COSTING, OPERATION COSTING AND OPERATING
COSTING:- Process Costing – Features and advantages – Treatment of Normal and Abnormal
losses – Inter-process Profit – Equivalent Production – Joint Products and By-products –
Operation Costing – Meaning – Procedure – Operating Costing – Determination of Unit of Cost
– Transport costing.
Text Book:
1. ADVANCED COST ACCOUNTING S P Jain K L Narang
12th
Edition
Reprint 2012
Kalyani Publishers,
New Delhi – 141 008.
Books for Reference:
1. COST AND MANAGEMENT ACCOUNTING P V Rathnam
Revised Edition - 2008
Sterling Publishers, Private Ltd,
L-10, Green Park Extension,
New Delhi – 144 403.
2. ADVANCED COST & MANAGEMENT ACCOUNTING Saxena & Vashist
Revised Edition - 2008
Sultan Chand & Sons,
23, Daryagani,NewDelhi – 02.
430
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S1PK4
Semester : I No. of Hrs allotted : 7
Paper : Core No. of Credits : 4
Title of the paper: APPLIED DIRECT TAXATION
Course Objectives : To make the students to understand the provisions of Income Tax Act 1961
and Wealth Tax Act 1957
Unit – I (25 hours )
Overview of Income Tax Act, 1961: Basic Concepts -scope of total income - Income which do
not form part of Total Income - Residential Status and Incidence of Tax - Tax Accounting
Standards by the Central Board of Direct Taxes.
Computation of Income from Salaries – Allowances- perquisites
Unit – II. (15 hours )
Computation of Income under House property: House property income – Exempted House
property income - Computation of Income from House property –Deductions u/s 24
Profits and gains from Business or Profession - Expressly admissible deductions – Expenses
expressly disallowed- Deemed profits- Valuation of stock- Computation of Income from
Business
Unit – III. (15 hours )
Computation of Income from Capital Gains: capital assets – Types of capital gains-
Indexation.
Computation of Income from Other Sources: Other Sources – Grossing Up.
Set off and Carry Forward of Losses - Set off – Intra and Inter-head adjustments- Carry forward
of losses- Deductions from Gross Total Income-Rates of Tax and Tax Liability
Unit – IV. (20 hours )
Assessment: Assessment of Individuals - Assessment of Firms - Assessment of
Companies - Assessment Procedure- types of Assessment.
Unit –V. (15 hours )
Wealth Tax Act, 1957: Background, concept and charge of wealth tax - Assets, deemed assets,
exempted assets - Valuation of assets - Computation of net wealth - Return of Wealth Tax and
Assessment Procedure
Text Book:
1. DIRECT TAXES LAW AND PRACTICE - Dr. Vinod K. Singhania
Revised Edition (as per latest
assessment year)
Taxmann Publications Pvt Ltd.
59/32, New Rohtak Road,
New Delhi – 110 005.
Books for Reference:
1. INCOME TAX LAW & PRACTICE - Dr. H.C. Mehrotra, Dr. S.P. Goyal
Revised Edition (as per latest
assessment year)
Sahitya Bhawan Publications,
Hospital Road, Agra – 282 003.
2. LAW AND PRACTICE OF INCOME TAX - Dinkar Pagare
Revised Edition (as per latest
assessment year)
Sultan Chand & Sons,
23, Daryagani,New Delhi –110 002
3. LAW AND PRACTICE OF INCOME TAX - V.P.Gaur and Narang
Revised Edition (as per latest
assessment year)
Kalyani Publications, NewDelhi
431
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S1PKE1
Semester : I No. of Hrs allotted: 5
Paper : Elective 1 No. of Credits : 5
Title of the Paper: Corporate Governance and Business Ethics
Course Objectives: To make the students understand the importance of governance and ethical
principles of business in the competitive environment.
Unit I Corporate Governance
Corporate governance – Need for and importance of corporate governance – Benefits of
good governance - Theories underlying corporate governance- Stake holder’s theory –
Stewardship theory – Agency theory – Separation of ownership and control.
Board of directors – Board structure – Types of directors – Board’s role and
responsibilities - Role of non-executive directors - Diversity in board room – Board charter –
Meeting and processes - Directors’ training and development - performance evaluation of board.
Unit II Committees and Board Committee
Various board committees, their composition, role and responsibilities - Audit committee
–Remuneration committee – Nomination committee - shareholders Grievance committee -
Corporate governance committee- Corporate compliance committee - Other committees.
Corporate Governance in India - Legislative framework of Corporate governance in India
- Listing agreement – Kumaramangalam Birla committee - Corporate governance norms
prescribed by SEBI– Companies Act - Corporate governance in PSUs, Banks, Insurance
companies.
Unit III Risk Management and Internal Control:
Risk and its classification – Risk evaluation - Risk Management and oversight –
Enterprise risk management - Evaluation of key financial decisions - Internal control – Roles and
responsibilities of internal control – Disclosure about risk -Evaluation of effectiveness of internal
control – Director’s responsibility statement – Going concern status – Evaluation of going
concern uncertainties.
Unit IV Corporate Governance Forums
The Institute of Company Secretaries of India – National Foundation for Corporate
Governance – Organisation for Economic Co-operation and Development – Global Corporate
Governance Forum – Institute of Directors – Commonwealth Association of Corporate
Governance – International Corporate Governance Network – The European Corporate
Governance Institute – Conference Board – The Asian Corporate Governance Association –
Corporate Secretaries International Association.
Unit V -Ethics in Business
Ethics and business ethics – Introduction – Need and importance – Nature and scope,
and objective of business ethics – Factors influencing business ethics - Characteristics of
business ethics – Corporate governance ethics - Importance and need for business ethics in
Indian context – Corporate social responsibility of business.
432
Reference
Text Book
1. Corporate Governance A.C.Fernando
Third Edition 2009
Pearson Education
New Delhi
Books for Reference
1. Corporate Governance Subhash Chandra Das
Second Edition 2013
PHI Learning Pvt. Ltd.
New Delhi.
2. Corporate Governacne –The Indian Scenario Vasuda Joshi
First Edition 2004
Foundation Books Pvt. Ltd.
New Delhi.
3. Business Ethics and Corporate Governance A.C.Fernando
Revised Edition 2010
Dorling Kindersley (India) Pvt.Ltd.
Noida.
433
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S1PKE2
Semester : I No. of Hrs allotted : 5
Paper : Electives No. of Credits : 5
Title of the paper : CORPORATE FINANCE
Course Objectives : To expose the students to the sources of finance and take up major finance
decisions.
UNIT – I : Corporate Finance: Nature and scope – Valuation of the firm – Dividend
valuation model – Working capital management – Investment decision – Investment analysis –
Risk analysis - probability approach.
UNIT – II : Financial Decision: Cost of capital – Cost of various sources of financing –
Capital structure determination – Equity and Debt forms.
UNIT- III: Dividend policies: Walter model – Gordon model – Payment ratio – Dividend as a
residual payment – MM Irrelevance Doctrine – Role of financial institutions.
UNIT -IV: Capital Markets: Fiscal policies – Government regulation affecting capital
Market – Role of SEBI – Stock markets – Business failure – Mergers – Consolidations and
liquidation – Lease Finance – Venture capital – Mutual funds.
UNIT –V : Internal Financing: Determinants of internal savings – dangers of ploughing back
of profits – stock dividends or Bonus shares – Limitations of Bonus issues
Text Book:
1. CORPORATION FINANCE - S C Khuchal.
Revised Edition - 2009
Chaitanya Publishing House,
University Road,
Allahabad.
Books for Reference:
1. FINANCIAL MANAGEMENT - Khan (MY) & Jain (PK)
Revised Edition – 2009,
Tata MC Graw-Hill,
New Delhi.
2. FINANCIAL MANAGEMENT – I. M. Pandey
Revised Edtion – 2009,
Tata MC Graw-Hill,
New Delhi.
434
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S2PK1
Semester : II No. of Hrs allotted: 7
Paper : Core No. of Credits : 5
Title of the Paper: ADVANCED FINANCIAL ACCOUNTING
Course Objectives To expose students to special types of accounts and enable them to
understand the intricacies of preparation of such types of accounts.
UNIT-I Accounting Cycle:- Accounting – Meaning – Branches of Accounting – Financial
Accounting – Users of Financial Accounting information – Accounting Concepts and
Conventions – Accounting Cycle – Journal, Subsidiary Books – Ledger – Trial Balance – Final
Accounts of sole traders – Adjusting and Closing Entries – Manufacturing Account. Preparation
of Bank Reconciliation Statement – Rectification of Errors – Suspense Account.
UNIT-II Bills of Exchange and Account Current:- Definition of Bills of Exchange –
Accounting for Bills of Exchange – Accommodation Bills.
Account Current – Meaning – Preparation of Account Current – Depreciation – Meaning –
Objectives and Causes – Methods of providing Depreciation – Accounting for Depreciation –
Accounting Standards in India – Scope of Accounting Standards – AS1: Disclosure of
Accounting Polices – AS2: Valuation of Inventory – AS6: Depreciation Accounting.
UNIT-III Single Entry System:- Ascertainment of profit or loss – Conversion to Double Entry
System.
UNIT-IV Accounting for Non-profit Organisation:- Non-profit Entities – Accounting
procedures – Terminologies used – Preparation of Receipts and Payments Account, Income and
Expenditure Account and Balance Sheet.
UNIT-V Consignment and Joint Venture Accounts:- Consignment – Meaning – Journal and
Ledger in the books of the Consignor and the Consignee – Cost Price Method – Invoice Price
Method.
Joint Venture:
Features of a Joint Venture – Methods of keeping Accounts – Valuation of unsold stock –
Conversion of Consignment into Joint Venture.
Text Book:
1. FINANCIAL ACCOUNTING A. Mukheerjee M. Hamit
12th
Reprint – 2011.
Tata McGbraw Education pvt.ltd.
New Delhi.
Books for Reference:
1. MODERN ACCOUNTANCY (VOLUME 1) A. Mukheerjee M. Hamit
2nd
Edition – 2011
Tata McGraw Education pvt.ltd.
New Delhi.
2. FINANCIAL ACCOUNTING S N Maheshwari
Sunil K Maheshwari
Sharad K Maheshwari
5th Edition First Reprint 2013
Vikas Publishing House Pvt. Ltd.
New Delhi.
435
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S2PK2
Semester : II No. of Hrs allotted: 6
Paper : Core No. of Credits : 4
Title of the paper : ADVANCED FINANCIAL MANAGEMENT
Course Objectives : To train the students to the applications of Financial Management in
Managerial Desition making
Unit –I Financial Management - an overview (15 hours )
Finance and Financial Management – Scope of financial management-Objectives and goals of
financial management – Functions of the finance manager- Organisation of finance function.
Sources of long term finance – Equity capital –Preference capital –Retained earnings – Term
loans- Debentures – Main features, advantages and limitations of each source.
Unit –II. Cost of capital and Capital Budgeting (25 hours ) Concept of cost of capital – Measurement of specific cost of capital and overall cost of capital.
Capital Budgeting – Importance – Process of Capital Budgeting – Evaluation Techniques –
Traditional techniques- Discounted Cash Flow Techniques.
Unit –III. Financing Decisions (15 hours )
Operating, Financial and Combined Leverage.
Capital Structure – Definition – Assumptions – Capital structure theories – Net Income
Approach – Net Operating Income Approach – Modigliani- Miller Approach – Traditional
Approach – Designing Capital Structure – Factors relevant to designing an appropriate capital
structure.
Unit –IV. Dividend Decision (20 hours )
Dividend – Meaning – Relevance of Dividends- Walter Model – Gordon Model – Irrelevance of
Dividends – Residual theory of Dividends- Modigliani and Miller Approach – Determinants of
Dividend Policy- Bonus shares and Stock splits – Share Buybacks.
Unit –V. Working Capital Management (15 hours )
Concepts of Working Capital – Approaches- Working Capital Financing – Determinants of
Working Capital Requirements- Computation of Capital needs- Financing of Working Capital-
Sources of Working Capital Finance.
Text Book:
1. FINANCIAL MANAGEMENT M Y KHAN & P K JAIN
(TEXT,PROBLEMS AND CASES) Sixth Edition 2013
McGraw Hill Education(India) Pvt. Ltd.
New Delhi – 110 005.
Books for Reference:
1. FINANCIAL MANAGEMENT PRASANNA CHANDRA
(THEORY AND PRACTICE ) Eighth Edition 2013
TATA McGraw Hill Education Pvt Ltd..
New Delhi – 110 005.
2. FINANCIAL MANAGEMENT S N MAHESWARI
(THEORY AND PRACTICE ) 13th
Edition Reprint 2011
Sultan Chand & Sons
New Delhi.
.
436
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S2PK3
Semester : II No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the paper: INFORMATION SYSTEM &TECHNOLOGY
Course Objectives : To develop an understanding of the principles of Information
Technology and apply the principles of Information Technology in business.
UNIT – I
Basic of Information System Analysis and Design - Information system- Types of
information – System development life cycle – Structured System Analysis and design, Physical
and logical design – Data Inflow Diagrams - Requirements Analysis-Design of New System -
Data Modeling, Data dictionary, Entity relationship diagram, structure, charts, Transformation
and Transaction Analysis.
UNIT – II
Data Base Management System – Data – Methods of data collection – File and Data
base concept - Overview of DBMS – Data models – Data base administrator – Data base users –
Data Independence - Relational Database Management System (RDBMS) – Relational Model
Concepts - Concept of Keys – Set Operators.
UNIT- III
Management Information System (MIS) – Meaning – Objectives – Implementation –
Pre- requisites of MIS - Decision process and Evaluation – Components of Information System
to support (TPS, MIS, DSS and Expert system) – Business Intelligence.
MIS in functional areas – Finance & Cost Management - Financial Modeling – Inventory
- Marketing - Human Resource Management – Accounts Payable - Payroll.
UNIT - IV
Enterprise Resource Planning (ERP) – Objectives - Modules of ERP (FICO) – ERP
implementation Life Cycle – Uses of ERP – Business process Re-Engineering – Supply chain
Management.
UNIT –V
Cyber Law - Components – Cyber crime – Information Act, 2000: Objectives, Scope
and Power of Central Government – Offences and Penalties – E-Commerce – Meaning –
Objectives - Merits & Demerits – Recent Trends in E-Commerce: Electronic Data Interchange
(EDI), Electronic Financial Transaction(EFT) – Legal Aspects of E-Commerce.
Text Book:
1. Management Information System
Managerial Perspective D. P. Goyal,
Revised Edition – 2009,
Macmillan Publishers
India Limited,
Chennai – 600 041.
Books for Reference
1. Database Management System
Alexis Leon & Matheus Leon
Revised Edition-2012,
Vikas Publishers, New Delhi
2. Management Information System
James A O’Brien, George M.
Marakas & Ramesh Behl
9th
Edition 2010
Tata Mcgraw Hill
Education(P) Ltd.,
New Delhi – 110 063.
437
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No: S2PK4
Semester : II No. of Hrs allotted: 7
Paper : Core No. of Credits: 5
Title of the Paper: COST ANALYSIS AND CONTROL
Course objectives : To train the students with the cost accounting concept and cost control
techinques
UNIT I COST CONCEPTS IN DECISION MAKING
Cost Concepts – Cost Classification – Relevant cost versus Irrelevant cost. Marginal
Costing and Cost Volume Profit Analysis – Marginal Cost versus Absorption cost –Application
of Marginal costing – Breakeven Point – Margin of safety – Profit Planning – Fixation of
selling price – Make or buy decision – Key factors – Selection of a Suitable salesmix –
Maintaining desired level of profits – Alternative course of action.
Differential cost analysis – Meaning – Characteristics – Differential cost analysis versus
Marginal costing – Practical applications of Differential costing.
UNIT II BUDGETING CONTROL SYSTEM
Meaning of Budget and Budgetary Control – Objectives of Budgetary Control –
Organisation for Budgetary control – Different types of Budgets – Functional Budgets versus
Master Budgets – Fixed Budgets versus Flexible Budgets – Performance Budgeting – Zero
Based Budgeting – Responsibility Accounting – Balance Score Card.
UNIT III STANDARD COSTING AND VARIANCE ANALYSIS
Standard Cost and Standard Costing – Standard Costing versus Budgetary Control –
Computation of Material, Labour, Overhead and Sales variances - Reporting of variance –
Reporting of Variances – Advantages and limitations of Standard Costing.
UNIT IV PRODUCTIVITY AND VALUE ANALYSIS
Meaning of Productivity – Measurement of Productivity – Value analysis – Meaning –
Procedure of value analysis – Techniques of value analysis – Advantages, Concepts of value
Added – Uses – Methods of calculating Gross Value Added – Calculation of Net Value Added –
Net Output method – Income Distribution method – Preparation of Value Added statement.
UNIT V ACTIVITY BASED COSTING AND TARGET COSTING
Concept of ABC – Need for ABC – Kalpan and cooper’s approach to ABC – Cost
drivers and cost pools – Characteristics of ABC – Steps to develop ABC – Implementation of
ABC – Benefits of ABC.
Target Costing – Definition – Traditional Cost plus Approach versus Target Costing –
Objectives of Target Costing - Steps in Target Costing – Target Costing Process – Main features
of Target Costing – Advantages of Target Costing.
TEXT BOOK
1. ADVANCED COST ACCOUNTING S.P. Jain K.L. Narang
23rd
Edtion Reprint 2012
Kalyani Publishers, New Delhi.
REFERENCE BOOKS:
1. Cost and Management Accounting Dr. S. N. Maheshwari
13th Edition, Reprint – 2011
Sultan Chand & Sons
New Delhi.
2. Cost and Management Accounting M.N. Arora
4th Revised
Edition 2013
Himalaya Publishing House
New Delhi.
438
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S2PKE1/S2PKE2
Semester : II No. of Hrs allotted : 5
Paper : ELECTIVE - 2 No. of Credits : 5
Title of the Paper: OPERATIONS MANAGEMENT
Course Objectives : To familiarize the students with the concepts and applications of
Operation Management in industrial scenario.
UNIT 1 - An Overview of Operations Management: Meaning – Recourses – Functions –
Objectives and Scope of operations management – Contribution of Operations management to
business policy decisions.
Designing of goods and services: Designing process - Role of operation – Product design
– Process design - Production design – Process management – Process flowcharting.
UNIT II – Production Planning and Control: Meaning – Objectives – Scope – Principles –
Phases – Functions – Types of production control – Work Study – Time Study – Method Study –
Forecasting – Need , Advantages and Approaches of Forecasting – Capacity planning and its
classification.
UNIT III – Project Planning: Process Planning – Steps in process planning – Process decisions
– Procedure for process planning and process design – Process analysis and flow design – Plant
Layout – Types of layout – Plant location – Steps in location – Project Scheduling – Gantt Charts
– PERT – CPM - Linear Programming – Application of linear programming – Methods of
solving Linear Programming Problem – Graphical solution method – Simplex method –
Transportation (Simple Problems only).
UNIT IV – Maintenance Management: Meaning – Objectives and Functions of Maintenance
Management – Breakdown Maintenance - Preventive Maintenance – Comparison of preventive
and breakdown maintenance – Total Productive Maintenance – Techniques and Organisation of
maintenance.
UNIT V – Productivity Management and Total Quality Management: Meaning, Importance
and Types of productivity – Factors affecting Productivity – Measurement of productivity –
Productivity and Input Output Analysis – Product Improvement Approaches.
Total Quality Management: Principles and Structure of TQM – Certification of TQM.
Text Book: 1. PRODUCTION AND OPERATIONS MANAGEMENT J P Saxena
2nd
Revised Edition 2010
Tata McGraw-Hill
Education Pvt. Ltd.,
New Delhi.
Books for Reference:
1. PRODUCTION AND OPERATIONS MANAGEMENT B S.Goyal
18th
Edition 2006
Pragati Prakashan
Educational Publishers
Meerut – 250 001
2. Study Material of ICWAI Inter (Stage II) Revised Edition 2012,
(Unit I & II) Institute of Cost Accountants of India
Kolkatta.
439
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S2PKE2
Semester : II No. of Hrs allotted : 5
Paper : Electives No. of Credits : 5
Title of the paper : SERVICE MARKETING
Course Objectives : To expose the students on the classification of services and marketing of
financial services in areas like Banking, Tourism, Hospital services and Transport systems.
UNIT – I : Service Marketing: Origin & Growth - Concept – Classification of services –
Marketing of financial services – The Indian scene – Designing of service strategy.
UNIT – II : Banking: Bank vs. Customer – Customer service – Government regulations –
Reserve Bank of India – Regulations – New schemes – Commercial banks – Rural banks –
Consumer banking.
UNIT- III: Tourism: Need for tourism – Growth and Development of tourism – Tourism and
Culture – Tourism marketing – Tourism pricing – Tourism promotion – Tourism and
Government Administrative systems.
UNIT -IV: Hospital Services: Supportive services – Legal controls on hospitals –
Consumerism and hospital services. Hospital law – Medical staff organization – Health care
resources – Health care system – Marketing of Health services.
UNIT –V : Transport Systems: Models of transport –Costing –Pricing – Administration.
Transport planning – Passenger transportation – Transport safety – Traffic pollution and control.
Text Book:
1. SERVICE MARKETING - Nadgundar,Rajendra
Revised Edition – 2000.
Tata MC Graw –Hill Publishing Company
New Delhi.
Books for Reference:
1. SERVICE MARKETING - S. Balaji
Revised Edition 2006.
Sultan Chand Company Ltd,
New Delhi.
2. SERVICE MARKETING - Nimit Chowdhary, Monica Chowdhary,
Revised Edition 2005.
Mac Milan India Ltd,
New Delhi.
440
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : II MFC Code No : S3PK1
Semester : III No. of Hrs allotted: 7
Paper : Core No. of Credits : 5
Title of the Paper: ADVANCED CORPORATE ACCOUNTING
Course Objectives : To train the students in prepareing the Final Accounts of Company
Unit I Company Accounts:
Issue of Shares – Forfeiture and Reissue of Shares – Bonus shares – SEBI Guidelines –
Rights Issue.
Redemption of Preference shares – Methods of Redemption – Premium on redemption of
Preference shares.
Issue and Redemption of debentures – SEBI Guidelines for Issue of Debentures –
Recording the Issue and Redemption of debentures – Underwriting of Shares and debentures.
Unit II Company Final Accounts:
Books of Accounts to be kept by a company – Preparation of Annual Accounts – Forms
and contents of Profit & Loss account and Balance sheet – Managerial remuneration.
Profit Prior to Incorporation – Accounting Treatment of Pre-Incorporation Profit/Loss.
Unit III Amalgamation of Companies:
Types of Amalgamation – Amalgamation in the nature of merger – Amalgamation in the
nature of Purchase – Purchase consideration – Accounting for Amalgamation – Entries in the
books of the transferee and transferor companies – Treatment of Inter – Company holding.
Unit IV Alteration of share capital and Internal Reconstruction:
Meaning and Objective of Capital Reduction – Procedure for Reducing Share Capital –
Accounting Entries – Schemes of Reconstruction.
Valuation of Goodwill and Shares: Types of Goodwill – Valuation of Goodwill
Accounting for Goodwill – Valuation of Shares – Need for valuation – Factors affecting
valuation – Methods of valuation of shares.
Unit V Liquidation of Companies:
Meaning of Liquidation – Modes of Liquidation – Order of Payment – Preferential
Creditors – Preparation of Statement of Affairs – Lists to be attached to the statement of affairs –
Deficiency / Surplus Accounts – Liquidation – Final statement of account.
Text Book:
1. ADVANCED ACCOUNTANCY - II S.P. Jain
K.L. Narang Reprint 2012
Kalyani Publishers,
New Delhi.
Reference for Books:
2. MODERN ACCOUNTANCY - VOLUME II A Mukherjee M Hanif
2nd Edition 2011
Tata McGraw-Hill
Education Pvt. Ltd.
New Delhi.
3. ADVANCED ACCOUNTANCY – VOLUME II R.L. Gupta &
M. Radaswamy
Edition 2012
Sultan Chand & Sons,
New Delhi.
441
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S3PK2
Semester : III No. of Hrs allotted : 6
Paper : Core No. of Credits : 4
Title of the paper : APPLIED INDIRECT TAXATION
Course Objectives : To make the students to under stand the provision of indirect Tax Laws
UNIT –I (20 hours )
Canons of Taxation- Indirect Taxes - Features of Indirect Tax - Indirect Tax Laws,
administration and relevant procedures
Central Excise – Law relating to Central Excise – Types of Excise Duties - Excisable Goods-
taxable event-Manufacture - Deemed manufacture – Classification of goods – Valuation for
central excise- MRP based valuation for Central Excise- Transaction Value in Excise –
CENVAT credit- Exempted goods- Basic procedures in Central Excise – Excise concession to
SSI - Exemption from Duty .
UNIT –II (25 hours )
Customs Laws : Basic concepts of Customs Law - Types of customs duties, Anti-Dumping Duty,
Safeguard Duty - Valuation, Customs Procedures, Import and Export Procedures, Baggage,
Exemptions, Warehousing, Demurrage, Project Import and Re-imports - Penalties and Offences
UNIT –III (15 hours )
Service Tax - Introduction, Nature of Service Tax, Service Provider and Service Receiver -
Registration procedure, Records to be maintained - Negative List of Services, Exemptions and
Abatements - Valuation of Taxable Services - Exemptions and Abatements – Payment of Service
tax, Return – CENVAT Credit Rules – Export and Import of services.
UNIT –IV (15 hours )
Central Sales Tax Act : Central Sales Tax - Introduction, Definitions , salient features of CST
Act -) Stock Transfer, Branch transfer, Inter State Sale - Various forms for filing of returns
under CST - Procedures under Central Sales Tax (CST)- Practical examples on CST.
Value Added Tax (VAT) - Introduction, definitions, salient features of State VAT Act -
Treatment of stock & branch transfer under State VAT Act - Filing of return under State VAT
Act - Accounting & Auditing VAT
UNIT –V (15 hours )
Practical problems and case studies under Indirect taxes
Text Book:
1. INDIRECT TAXES –LAW & PRACTICE
V.S. Datey,
32nd
Edition January 2014,
Taxmann Publications Pvt Ltd
59/32, New Rohtak Road, New Delhi – 110 005.
Books for Reference:
1. INDIRECT TAXATION Dr. V. Balachandran
Revised Edition( as per latest assessment year),
Sultan Chand & Sons, 23, Daryagani,
New Delhi – 110 002.
2. BUSINESS TAXATION Dinkar Pagare & Dr. V. Balachandran
Revised Edition( as per latest assessment year),
Sultan Chand & Sons,23, Daryagani,
New Delhi – 110 002.
442
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : II MFC Code No : S3PK3
Semester : III No. of Hrs allotted: 6
Paper : Core No. of Credits : 4
Title of the Paper: ADVANCED MANAGEMENT ACCOUNTING
Course Objectives : To expose the students to the various tools used for analysis of Finance
Accounting statements
UNIT I MANAGEMENT ACCOUNTING – AN OVERVIEW:
Management Accounting - Meaning, Objectives and Scope – Tools and Techniques of
Management Accounting – Cost Accounting and Financial Accounting, Management
Accounting and Financial Management, Management Accounting and Cost Accounting –
Management Principles – Role of Management Accountant in Decision Making – Utility of
Management Accounting – Limitations of Management Accounting –Installation of
Management Accounting System.
UNIT II FINANCIAL STATEMENTS ANALYSIS AND INTERPRETATION:
Financial Statements - Meaning, Nature, Objectives, Importance and Limitations –
Recent Trends in Presentation of Financial Statements – Types of Financial Analysis – Methods
– Comparative, Common size Income statement and Balance sheet and Trend Analysis - Inter
firm and Intra firm Comparison – Meaning, Advantages and Limitations.
Accounting Ratios: Meaning, Advantages, Limitations of Accounting Ratios –
Classification of Ratios: Profitability Ratios, Turnover Ratios and Financial Ratios –
Computations of Ratios and Construction of Balance Sheet – Du Pont Control chart –.
UNIT III FUNDS FLOW STATEMENT:
Meaning of Fund and Fund Flow statement – Need, Uses of funds flow statement –
Funds flow Statement and Income statement – Preparation of Funds flow statement.
UNIT IV CASH FLOW STATEMENT:
Meaning, Utility and Limitation of Cash Flow Analysis – Difference between Cash flow
Analysis ad Funds flow Analysis – Preparation of Cash Flow Statement (AS 3).
UNIT V Emerging Concepts in Management Accounting:
Total Quality Management (TQM) – Meaning, Principles and Seven C’s of TQM. Just-
in-time Approach (JIT) – JIT Goals – Impact of JIT system on Waste, Overheads, Product
Prices and on other costs – Back flushing in a JIT System.
Enterprise Resource Planning (ERP) – Features – Components of ERP – Advantages and
Problem Areas in ERP implementation – Materials Requirement Planning (MRP-I and MRP-II)
– Objectives, Assumptions underlying in use of MRP systems.
Text Book
1. COST AND MANAGEMENT ACCOUNTING Dr.S.N. Maheshewari
13th
Edition Reprint 2011.
Sultan Chand & Sons, New Delhi
2. MANAGEMENT ACCOUNTING AND V.K.Saxena and C. D. Vashist
PERFORMANCE MANAGEMENT 3rd
Edition – 2010
(UNIT V) (Page: A.7.1 to A.7.44) Sultan Chand & Sons,New Delhi
Reference Books
1. ADVANCED MANAGEMENT ACCOUNTING Ravi M. Kishore
Taxmann
Publication (P) Ltd.
New Delhi – 110 005.
443
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S3PK4
Semester : III No. of Hrs allotted: 4
Paper : Core No. of Credits : 3
Title of the Paper: BUSINESS ACCOUNTING PACKAGE
Course Objectives : To train the students the principles of accounting package Tally and MS
Office and to help them in preparing accounts and statements through Tally and MS - Office.
UNIT – I : Introduction – Windows Basics – Windows Accessories – Using file manager and
program manager. Introduction for word – Editing a Document – Formatting text and paragraph
– Finding and replacing text and spell checking – Using Tabs - Enhancing document – Column,
Tables and other features – Using Graphics, Templates and Wizards – Using mail merge.
UNIT – II : Introduction to Worksheet and cell – Getting started with excel – Editing cells
and using commands and functions – Moving and copying, inserting and deleting rows and
columns – Getting help and formatting a worksheet – Printing the worksheet – Creating charts –
Using Date and Time – Function filtering.
Naming Ranges and using statistical and financial functions – Database in a worksheet –
Multiple worksheet and macros.
UNIT- III: Tally fundamentals – Key components of Tally – Creation of companies –
Classification of accounts – Ledger accounts – Account Groups categories – Stock groups –
Multiple locations – Units of measure – Creation of stock items – Stock valuation methods –
Types of vouchers – Default vouchers – Inventory details in vouchers – Receipt note – Delivery
note rejections etc., - Cost centre analysis – Inventory analysis reports.
UNIT – IV: Lab Cycle - Accounts mode – Inventory mode – Accounting cum Inventory mode.
Voucher entry – Cash sales, Credit sales, Cash purchase, Credit purchase, Cash book
transactions and other transactions-Voucher entry for Stock – Purchases, Sales, Sales return,
Purchase return – Preparation of VAT reports
UNIT -V: Taxation through Tally – Service tax – Special features – Amendment in service tax
– Payment of service tax – Activating service tax in Tally – Creating service tax ledgers.
TCS (Tax Collected at Source) – List of specified goods – TCS in Tally.
Tax Deducted at Source (TDS) – Types – Different heads of income where TDS is
deducted – TDS in Tally – To account TDS for rent, Salaries and any advance payment to a
party – TDS reconciliation.
Text Books
1. MS OFFICE 2000 FOR EVERY ONE Sanjey Saxena,
New Edition -2009
Vikas Publishing House Pvt.Ltd.,
New Delhi.
(For chapters I to IV )
2. COMDEX TALLY 9- COURSE KIT Dr.Namrata Agarwal ,
Dreamtech press
New Edition 2009
19 A, Ansari road,
Darya ganj,
New Delhi
Reference Book
1. TALLY 9 Nellai Kannan
Revised Edition 2009
Nels Publications,
Thirunelvelli
444
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S3PK5
Semester : III No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the paper: AUDITING
Course Objectives : To expose the students to the basic principles and procedures of auditing.
UNIT – I : Auditing: Meaning and Definition of auditing - Nature and scope of auditing –
Comparison between book keeping, Accounting, Auditing & Investigation – Objectives of
auditing – Basic principles governing an audit – Advantages & limitations of audit –
Classification of audit – Cost audit – Tax audit – Secretarial audit – Forensic audit – Social audit
– Environmental audit – Efficiency cum performance audit – Propriety audit- Concepts of true
and fair – Concepts of materiality in planning and performing the audit – disclosure of
accounting policies.
UNIT – II : Audit Planning : Introduction - Audit planning – Procedures for preparation of
Audit Programme – Audit working papers - Audit note book – quality control for Audit work –
Audit sampling – Audit risk – surprise checks.
Internal control & vouching: Internal control – distinction between Internal check,
Internal audit & Internal control – Organisational independence –Standards on Internal Audit
(SIA) – Meaning of vouching – Cash vouching procedure - Verification of items in Balance
Sheet - Fixed Assets, Investments, Inventories, Debtors, Loans and advances, Cash and Bank
balances, Debentures and Creditors, Provisions for taxation, Proposed dividend – Other items in
the Balance Sheet.
UNIT – III : Company Auditor and Company Audit: Auditors appointment – Methods of
Appointment of auditor – Remuneration, removal, rights and duties of statutory auditor – Joint
audit – Branch audit – Audit of shares – Audit of Debentures – Audit of divisible of profits –
Inter corporate loans and Investment (Section 372A).
UNIT -IV: Audit of Regulated Industries & Non – regulated industries: Audit of educational
institutions - Audit of hospital – government expenditure Audit – Audit of Non - Government
Organisation & Charitable institution – Audit of Hotel – Audit of recreation club – Audit of
partnership firm, small companies and sole trader – Audit from incomplete records – Propriety
audit in the context of Government Audit – Audit of Commercial Accounts
UNIT –V: Audit Report: Basic elements & significance of audit report – Scope of audit report
– contents of the report – qualification in the report – Audit report under the Indian Companies
Act – Auditors report on revised accounts of companies before circulations to shareholders –
Section 293A of the Companies Act and the Auditor - CARO (Companies Auditors Report
Order) – Audit Report – Objectives and Functions of Auditing and Assurance Standard Board
(AASB).
445
Text Book
1. CONTEMPORARY AUDITING – Kamal Gupta
Revised Edition 2009,
Tata MC Graw,
Hill Publishing Company Ltd,
New Delhi.
Books for Reference
1. A HAND BOOK OF PRACTICAL
AUDITING - B.N. Tandon, S. Sudharsanam
Revised Edition – 2006
S. Chand and Company Ltd.,
New Delhi – 110 055.
1. AUDITING: Principles and
practice - Sanjay Kumar sataphy Biswa mohana Jena
First Edition - 2012
Himalaya Publishing House
New Delhi-1
2. Study Material of ICWAI Inter (Stage II) Revised Edition 2012,
(Unit IV) Institute of Cost Accountants of India
Kolkatta.
446
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S4PK1
Semester : IV No. of Hrs allotted: 8
Paper : Core No. of Credits : 5
Title of the paper: ADVANCED SPECIAL ACCOUNTING
Course Objectives To expose students to special types of accounts and enable them to
understand the intricacies of preparation of such types of accounts.
UNIT: I Accounts of Holding Companies – Meaning of Holding companies – Subsidiary
companies – Preparation of Consolidated Balance Sheet – Elimination of common transactions –
Treatment of unrealized profit and contingent liabilities – Revaluation of assets – Inter-company
dividends.
UNIT: II Accounts of Banking Companies: Preparation of profit and loss account and balance
sheet – Legal form – Bills for collection – Acceptances and endorsements – Branch adjustments
– Adjustments of bad and doubtful debts, Rebate on Bills discounted, provision for taxation and
depreciation.
UNIT - III: Accounts of Insurance Companies: Accounts of Life Insurance Business – Types
of policies – Annuity business – Surrender value – Life Assurance Fund – Preparation of final
accounts – Revenue account – Valuation balance sheet - Balance sheet– Accounts of General
Insurance Business – Fire and Marine Insurance – Profit and Loss account – Balance sheet.
UNIT – IV: Accounts of Electricity Companies: Double account system – Single account
system Vs Double account system – Advantages of double account system – Final accounts
under double account system – Simple adjustments – Replacement of an asset – Disposal of
Surplus.
UNIT: V Accounting standards: International Accounting Standards – Accounting Standards
in India – Mandatory Accounting Standards – Scope of Accounting Standards – AS-1 to AS-10.
Text Book
1. ADVANCED ACCOUNTANCY - II S.P. Jain
K.L. Narang
Reprint 2012
Kalyani Publishers,
New Delhi.
Reference Books
1. MODERN ACCOUNTANCY - VOLUME II A Mukherjee M Hanif
2nd Edition 2011
Tata McGraw-Hill
Education Pvt. Ltd.
New Delhi.
2. ADVANCED ACCOUNTANCY – VOLUME II R.L. Gupta &
M. Radaswamy
Edition 2012
Sultan Chand & Sons,
New Delhi.
447
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S4PK2
Semester : IV No. of Hrs allotted : 6
Paper : Core No. of Credits : 5
Title of the paper: COST AUDIT & MANAGEMENT AUDIT
Course Objectives : To expose the students to the techniques and methods of planning and
conducting Cost Audit and Management Audit.
UNIT – I : Basics of Cost Audit - Nature and scope of cost audit – Provisions relating to
maintenance of Cost Accounting records under the Companies Act – Planning the Audit –
Preparation of Audit Programme – Cost Auditor – appointment, rights and responsibilities –
Structuring the cost audit.
UNIT – II : Cost Accounting Records Rules – Cost Audit Report Rules – Provisions of Cost
Audit Report Rules 2001 and Cost Audit Report Rules 2011 - Forms of cost audit report –
Annexure to the Cost Audit Report – Proforma of the Cost Audit Report – Usefulness of cost
audit.
Procedure for Prescription of Cost Accounting Record Rules – Cost Accounting (Records) Rules
under clause (a) of sub-section of section 209. Cost Audit (report) rules issued under section 233
(b) of Companies Act 1956 – Cost Accounting Record Rules and its applicability – Provisions of
Cost Accounting Record Rules for various industries.
UNIT- III: Internal Audit & Operational Audit – Concept of Internal Audit – Internal Audit
techniques and procedures – Internal audit reports.
Operational audit - Operational audit techniques and procedures – Operational audit report -
Special Reports for Banks, Shareholders and Employees – Evaluation of Internal Control
System, Budgetary Control System, Inventory Control System and Management Information
System (MIS).
UNIT -IV: Management Audit in different forms and functions – Corporate services audit –
Corporate Governance and Audit Committee – Inventory audit – VAT audit – Bank audit and
Concurrent audit – Systems audit – Energy audit – its meaning and methodology.
UNIT –V: Cost Accounting Standards and Auditing Assurance Standard – Various
Pronouncements - Professional Ethics - IFAC
Text Book:
1. COST AUDIT AND MANAGEMENT AUDIT - Saxena & Vashist,
Sultan Chand & Sons(2008)
23, Daryagani,
New Delhi – 110 002.
Books for Reference:
1. GUIDELINES ON COST AUDIT - ICWA of India,
Study Material,
Kolkatta.
2. EFFICIENCY AUDITING - Walley,
MaC Millan,-2009
New Delhi.
448
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S4PK3
Semester : IV No. of Hrs allotted: 5
Paper : Core No. of Credits : 4
Title of the paper: STRATEGIC MANAGEMENT
Course Objectives : To sssist the students to develop the knowledge about Strategic
Management
Unit I Strategic Management - An Overview:
Concepts of Strategy and Strategic Management – Dimensions of strategic decisions –
Benefits of Strategic Management Process.
Unit II Hierarchy of Strategic Intent:
Strategic Intent – Company Mission – Formulating a mission – Characteristics of a
mission statement – Components of a mission statement – Business definition – Dimensions of
Business Definition – Goals and Objectives – Characteristics of objectives – Critical success
factors.
Unit III Environment Appraisal:
Environment Appraisal – External Environment – Components of External Environment
– Economic, Social Political, Technological, Supplies and regulatory factors – Environment
scanning – Methods and Techniques used for Environment scanning – Sources of information
for Environmental scanning.
Unit IV Analysis of Internal Environment:
Traditional Approaches to Internal Analysis – SWOT Analysis – Methods and
Techniques used for Internal Analysis – Value Chain Analysis – Comparative analysis –
Historical Analysis – Bench marking – Balanced Score Card – Key Factor Rating.
Unit V Corporate Strategies:
Grand Strategies – Stability Strategies – Expansion strategies – Retrenchment strategies –
turnaround strategies - combination strategies.
Text Book
1. BUSINESS POLICY AND Azhar Kazmi
STRATEGIC MANAGEMENT 2nd
Edition
Reprint 2013
Tata McGraw-Hill
Publishing Company
Limited, New Delhi.
Books for Reference
1. Strategic Management John A. Pearce II
Richard B.
Robinson Jr.
Amita Mital
2nd
Edition Reprint 2009
Tata McGraw-Hill
Education Pvt Ltd.
New Delhi.
2. Strategic Management Francis Cherunilam
Revised Edition 2014
Himalaya Publishing House
New Delhi.
449
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S4PKE1
Semester : IV No. of Hrs allotted: 6
Paper : Elective 3 No. of Credits : 5
Title of the Paper: Security Analysis and Portfolio Management
Course Objectives: To familiarize the students with the practical aspects of the securities
market.
Unit I Investment Fundamentals
Investment – Features of Investment – Investment Objectives – Investment Vs
Speculation – Investment Alternatives –Financial Instruments – Money Market Instruments –
Capital Market Instruments – Sources of Investment Information – Investment Process.
Risk – Types of Risk - Causes of Risk – Measurement of Risk – Return – Holding Period
Return – Measurement of Return – Traditional Methods – Modern Methods.
Unit II Securities Market and Indices
Primary Market – Functions – Participants – Methods of Raising Funds in the Primary
Market – Issue Management.
Secondary Market – Major Players – Stock Exchanges – Functions – Leading Stock
Exchanges in India – BSE, NSE and OTCEI -Stock Market Indicators – Types of Stock Market
Indices –Stock Market Quotations – Investment Companies – Classification of Investment
Companies – Buying and Selling of Shares – Trading and Settlement – Regulation of Securities
Market in India – SEBI – Powers and Functions.
Unit III Fundamental and Technical Analysis
Fundamental Analysis – Domestic Economy – Global Economy – Business Cycle –
Industry Analysis – Company Analysis – Financial Statement Analysis – Ratio Analysis.
Technical Analysis – Concept – Theories – Dow Theory – Eliot Wave Theory –Charts –
Types – Trend and Trend Reversal Patterns – Mathematical Indicators – Moving Averages –
Market Indicators.
Unit IV Valuation of Securities
Equity Shares – Concepts – Valuation – Dividend Valuation Models – Preference Shares
– Concept – Features – Yields – Bond – Bond Features – Types of Bonds – Determinants of
Interest Rates – Bond Management Strategies – Bond Valuation – Bond Duration – Yield to
Maturity (YTM) – Yield to Call (YTC).
Unit V Modern Portfolio Theory
Markowitz Model –Portfolio Selection – Opportunity Set – Efficient Frontier – Capital
Asset Pricing Model (CAPM) – Assumptions – CAPM Equation – Security Market Line (SML)
– Capital Market Line (CML)- SML Vs CML – Arbitrage Pricing Theory – Assumptions.
Measuring Risk and Return of Portfolios - Portfolio Revision – Techniques of Portfolio
Revision – Formula Plan – Constant Rupee Value Plan – Constant Ratio Plan – Variable Ratio
Plan – Rupee Cost Average. Evaluation of Portfolio Performance – Treynor’s Measure –
Sharpe’s Index – Jensen’s Model – Rho or Correlation Co-efficient.
450
Text Book
1. Investment Analysis and Portfolio Management Prasanna Chandra
Edition
Tata-McGraw Hill Publishing
Company Ltd.
New Delhi.
Books for Reference
1. Security Analysis and Portfolio Management Punithavathy Pandian
Revised Edition
Vikas Publishing House Pvt.Ltd.
New Delhi.
2. Investment Management Preeti Singh
18th
Revised Edition, 2013
Himalaya Publishing House
New Delhi.
451
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-16 batch onwards)
Course : MFC Code No : S4PKE2
Semester : IV No. of Hrs allotted : 6
Paper : Electives No. of Credits : 5
Title of the paper : FINANCIAL MARKETS AND SERVICES
Course Objectives : To expose the students to the techniques of various investments and
instruments in stock market.
UNIT – I : The Financial System in India: Functions of the financial system – Financial
Assets – Financial intermediaries – Financial markets – Capital market – Money market –
Financial instruments – Development of financial system in India.
UNIT – II : Market for securities: The new issue market – Functions of new issue market –
Players in the new issue market – Methods of primary issue of shares – The secondary market –
Organisation of stock exchanges in India – SEBI – Functions and powers of SEBI.
UNIT- III: Merchant Banking: Definition – Origin – Merchant Banking in India – Services
rendered by merchant banks – Qualities required for Merchant Bankers – General obligations
and responsibilities.
Venture capital : Origin - Meaning – Features – Scope of a venture capital –
Venture capital guidelines – Method of venture financing – Indian scenario.
UNIT -IV: Mutual Funds: Meaning – Fund unit Vs shares – Types and Classification of
funds – Importance of mutual funds – Risks – Organisation of the Fund – Operation of the fund
– Facilities available to investors – Private Mutual Funds – Commercial Banks and Mutual
Fund – Mutual Funds in India.
UNIT –V : Discounting and Factoring: Discounting, factoring, meaning – Modus operandi –
Terms and conditions – Functions – Types of Factoring – Factoring Vs Discounting – Benefits
– Factoring in India.
Credit Rating: Definition – Meaning – Functions of credit rating – Origin of
Credit rating in India – Benefits of credit rating – Credit rating agencies in India : CRISIL –
ICRA - CARE
Text Book
1. FINANCIAL MARKETS AND SERVICES - E. Gordon & K. Natarajan,
Himalaya Publication,
Mumbai.
Books for Reference
1. FINANCIAL SERVICES – M.Y. Khan,
Revised Edition 2000,
Tata MC Graw Hill,
New Delhi.
2. INDIAN FINANCIAL SYSTEM – H.R. Machiraju,
Revised edition -2008
Vikas Publishing House Pvt Ltd,
New Delhi.
452
M.Phil Commerce
453
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE M.PHIL COMMERCE
Course Structure (W.e.f. 2014-15 Batches Onwards)
Semester - I
Course Code
Course Title
Ins.
Hrs/
Week
Exam
Hrs
Marks
Total
Int Ext
Core – I S1MK1 Research Methodology 6 3 100 100 200
Core – II S1MK2 Advanced Financial
Management
6 3 100 100 200
TOTAL 12 6 200 200 400
Semester -II
Course Code Course Title
Ins.
Hrs/
Week
Exam
Hrs
Marks
Total Int Ext
Core -III S2MK1 Human Resource Management 6 3 100 100 200
Core -IV Dissertation and Viva-Voce 100 100 200
TOTAL 200 200 400
454
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-15 batch onwards)
Course : M.Phil Code No : S1MK1
Semester : I No. of Hrs allotted: 6
Paper : Core No. of Credits : 5
Title of the paper : RESEARCH METHODOLOGY
Course Objectives: To make the Scholars familiar with the various aspects involved in the
research process.
Unit I: Introduction and Planning of Research:
Meaning – Purpose – Types of Research – Methods of Research – Survey Method – Case
Study – The Planning Process – Selection of Problem for Research – Formulation of the Selected
Problem – Hypothesis – Research Design.
Unit II : Methods of Data Collection and Tools for Data Collection:
Sources of data – Primary – Secondary – Methods of collecting Primary data –Survey
Method – Personal interviewing – Telephone interviewing –Mail Survey – Observation Method
– Experimental Method.
Tools for data Collection: Construction of Schedules and Questionnaires - Scaling
Technique – Nature – Likert Scale – Ranking Scales – Scale Construction – Pilot Study and Pre-
Testing.
Unit III: Sampling
Sampling Techniques – Probability and Non-Probability – Sampling Design – Sample
size – Sampling and Non-Sampling Errors.
Unit IV: Data Analysis and Report Writing
Processing of Data – Editing – Coding – Tabulation – Research report – Types of report –
Style of reporting – Step on drafting report – Contents of research report.
Statistical Tools:
Correlation and Regression Analysis – Linear Growth Rate; Compound Growth Rate –
Testing of hypothesis (z, t, f, x2) test.
Unit V Application of SPSS in Research
SPSS Windows and Files – Entering and Working with Data – Descriptive Statistics and
Graphs – Linear Regression – Multiple Correlation and Regression – Chi-Square Test – One –
Way ANOVA – Two-Way ANOVA – t Test.
Books for Reference
1. A Hand Book on SPSS for Research Work Anil Kumar Mishra
(Unit 5) First Edition 2011
Himalaya Publishing House
Mumbai.
2. Research Methodology C.R. Kothari
Gaurav Garg
3rd
Edition – 2012
New age International
Private Ltd Publishers.
455
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-15 batch onwards)
Course : M.Phil Code No : S1MK2
Semester : I No. of Hrs allotted : 6
Paper : Core No. of Credits : 5
Title of the paper : ADVANCED FINANCIAL MANAGEMENT
Course objective: To train the students the concepts and applications of financial management
in managerial decision-making.
Unit –I Financial Management - An Overview Finance and Financial Management – Scope of financial management-Objectives and
goals of financial management – Functions of the finance manager- Organisation of finance
function.
Sources of long term finance – Equity capital –Preference capital –Retained earnings –
Term loans- Debentures – Main features, advantages and limitations of each source.
Unit –II. Cost of capital and Capital Budgeting Concept of cost of capital – Measurement of specific cost of capital and overall cost of
capital.
Capital Budgeting – Importance – Process of Capital Budgeting – Evaluation Techniques
– Traditional techniques- Discounted Cash Flow Techniques.
Unit –III. Financing and Dividend Decisions Operating, Financial and Combined Leverage.
Capital Structure – Definition – Assumptions – Capital structure theories – Net Income
Approach – Net Operating Income Approach – Modigliani- Miller Approach – Traditional
Approach – Designing Capital Structure – Factors relevant to designing an appropriate capital
structure.
Dividend – Meaning – Relevance of Dividends- Walter Model – Gordon Model –
Irrelevance of Dividends – Residual theory of Dividends- Modigliani and Miller Approach –
Determinants of Dividend Policy- Bonus shares and Stock splits – Share Buybacks.
Unit –IV. Working Capital Management Concepts of Working Capital – Approaches- Working Capital Financing – Determinants
of Working Capital Requirements- Computation of Capital needs- Financing of Working
Capital- Sources of Working Capital Finance.
Unit V International Financial Management
Foreign Capital – Foreign Direct Investment – Euro Issues – Foreign Currency
Convertible Bonds – Global Depositary Receipts (GDR) – American Depositary Receipts (ADR)
– External Commercial Borrowings – Foreign Institutional Investors.
Foreign Exchange Risk – Types of Exposures in Foreign Exchange – Transaction
Exposure – Translation Exposure – Economic Exposure – Managing Foreign Exchange Risk –
Managing Transaction Exposure – Managing Translation Exposure – Managing Economic
Exposure.
Text Book
1. FINANCIAL MANAGEMENT M Y KHAN & P K JAIN
(TEXT,PROBLEMS AND CASES) Sixth Edition 2013
McGraw Hill Education(India) Pvt. Ltd.
New Delhi – 110 005.
Books for Reference
1. FINANCIAL MANAGEMENT PRASANNA CHANDRA
(THEORY AND PRACTICE ) Eighth Edition 2013
TATA McGraw Hill Education Pvt Ltd..
New Delhi – 110 005.
2. FINANCIAL MANAGEMENT S N MAHESWARI
(THEORY AND PRACTICE ) 13th Edition Reprint 2011
Sultan Chand & Sons,
New Delhi.
456
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE
(From 2014-15 batch onwards)
Course : M.Phil Code No : S2MK1
Semester : II No. of Hrs allotted : 6
Paper : Core No. of Credits : 5
Title of the paper : HUMAN RESOURCE MANAGEMENT
Course Objectives: To help the students understand the importance of Human Resource
Management in meeting the challenging requirements of highly skilled and
competent human resources due to Globalisation.
Unit – I
Human Resource Management – Functions of Human Resource Management – Nature
and Scope of Human Resource Management – Human Resource Planning – Meanings –
Importance – Objectives – Process – Areas – Job Analysis – Purposes – Uses – Contents – Steps
and Techniques.
Unit – II
Recruitment and Selection – Recruitment Policy – Sources – Methods – Recruitment
Practice in India – Selection Procedure – Scientific Selection – Placement – Induction and
Socialisation.
Unit – III
Training and Development – Principles of Training – Methods of Training – Procedure –
Contributions of Training – Evaluation of Training Programme – Career Development – Benefits
– Promotion Practices in India – Transfer – Transfer Policy and Procedure – Grievance and
Redressal Procedures – Organisational Development – Meaning – Models and Interventions
Unit – IV
Performance Appraisal – Need – Purpose and Use of Performance Appraisal – Steps in
Performance Appraisal – Traditional Vs Modern Methods of Performance Appraisal –
Performance Appraisal based on MBO system – Managerial Appraisal – Managerial Ethics in
Performance Appraisal.
Unit – V
Human Resource Accounting – Human Resource Information System – Human Resource
Management Research and Audit – Human Resource Management in changing environment –
International Human Resource Management – Managing Human Resource in Virtual
Organizations.
Text Book
1. Human Resource Management C.B. Gupta
Sixth Edition 2013
McGraw Hill Education(India) Pvt. Ltd.
New Delhi – 110 005.
Books for Reference
1. Essential of Human P. Subba Rao
Resource Management Fifth Revised Edition 2013
Himalaya Publishing House
New Delhi.
457
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE (From 2014 – 2015 Batch onwards)
Course : B.COM Code No :
Semester : I and II No. of Hrs allotted : 40
Paper : CERTIFICATE COURSE No. of Credits : 5
Title of the paper : RETAIL MANAGEMENT
Course Objective : To explore channels of retail management – Learning the art of retailing and
exposure to CRM.
UNIT I: Retailing
Introduction to Retail: Functions of a retailer-The Marketing-Retail equation-The Rise of the
Retailer – Proximity to customer Challenges and opportunities-Empowered consumer-Evolution
of Retail in India-Drivers of Retail change in India- Size of Retail in India: Clothing, Textiles
and Fashion accessories-Food And Food services-Books & Music, Communication accessories –
Emerging Sectors-FDI in retail-Retail Realities–Challenges to Retail Development in India .
UNIT II : Retail Models and Retail Development
The Evolution of Retail formats -The Concept of life cycle in Retail-Innovation, accelerative
growth- Maturity-Decline-Phases of growth in retail markets-Business models in retail-
Classification based on ownership /Merchandise offered/Franchising /Non Store Retailing/Direct
selling/Direct response marketing/Telemarketing/Fairs and Road Shows/Event
Management/Automated Vending/kiosks/ The Cash & Carry/credit Marketing/Brand
Management.
UNIT III: Customer Relationship Management (CRM)
CRM : Definition-Components off CRM-Defining CRM Concepts – Customer Life Cycle-
B to B CRM- Understanding Goal of CRM-Using Customer touch points –CRM Functions :
Marketing/Sales/Customer Services/ Product Support- CRM Planning – Developing Strategy-
Building CRM Component-Analyzing and Segmenting Customers-Taking it to Customers – Get
Ready : Avoiding Common Barriers.
Text Book:
1. Retailing Management, Text & Cases - Swapana Pradhan
2nd
edition, 2006
Tata McGraw Hill Publications
New Delhi
Reference Books:
1. Retail Management - M.Chael hevy and Barton.A Weitz, ,
International editition,U.S,1798.
Irwin Mcgraw hill, Delhi
2. Customer Relationship Management: Getting it Right Judith . W.Kincaid,
Pearson Education, New Delhi.
458
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE (From 2014 – 2015 Batch onwards)
CERTIFICATE COURSE
Course : B.COM Code No :
Semester : III No. of Hrs allotted: 40
Paper : CERTIFICATE COURSE No. of Credits : 5
Title of the paper: RETAIL MANAGEMENT
Course Objective: To explore channels of retail management – Learning the art of retailing and
exposure to CRM.
UNIT I: RETAILING : Retailing – Meaning – Definition - Characteristics of Retailing –
Retailer - Function of Retailer - Career in store operation, buying and Merchandising Corporate
staff Position in retail firms.
UNIT II: RETAIL IN INDIA: Emergence of organized Retailing Traditional, Retail formats-
Independent stores - Cooperative and Government - Owned stores - Modern retail formats in
India - Company owned stores - Retailing in rural areas.
UNIT III: RETAIL CUSTOMERS : Consumer behavior – Meaning – Factors affecting
consumer decision making – Stages of consumer decision making process- Types of consumer
decision making – Consumer decision rules–Research and analysis of customer profiles.
UNIT IV: BUSINESS MODELS IN RETAIL: Retail organization – Meaning –
Classification of retail units – Bases of Classification of retail units – Store retailer – Non- Store
retailer – Electronic retailing – Catalogue and direct mail retailing – Direct selling – Television
shopping – Bending Machine retailing.
UNIT V: CUSTOMER RELATIONSHIP MANAGEMENT IN RETAILING: CRM-
Meaning- Objectives – Differences between Transactional marketing and CRM – CRM process -
Collecting customer data – Analyzing the customer data and identifying the target consumers –
Developing CRM programs – Implementing CRM programs.
Text Book:
1. Retailing Management, Text & Cases - Swapana Pradhan
2nd
edition, 2006
Tata McGraw Hill Publications
New Delhi
Reference Books:
1. Retail Management - M.Chael hevy and Barton.A Weitz, ,
International editition,U.S,1798.
Irwin Mcgraw hill, Delhi
2. Customer Relationship Management: Getting it Right Judith . W.Kincaid,
Pearson Education, New Delhi.
459
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE (From 2014 – 2015 Batch onwards)
Course : B.COM Code No :
Semester : I and II No. of Hrs allotted : 40
Paper : CERTIFICATE COURSE No. of Credits : 5
Title of the paper : RETAIL MANAGEMENT
Course Objective : To explore channels of retail management – Learning the art of retailing and
exposure to CRM.
UNIT I: Retailing
Introduction to Retail: Functions of a retailer-The Marketing-Retail equation-The Rise of the
Retailer – Proximity to customer Challenges and opportunities-Empowered consumer-Evolution
of Retail in India-Drivers of Retail change in India- Size of Retail in India: Clothing, Textiles
and Fashion accessories-Food And Food services-Books & Music, Communication accessories –
Emerging Sectors-FDI in retail-Retail Realities–Challenges to Retail Development in India .
UNIT II : Retail Models and Retail Development
The Evolution of Retail formats -The Concept of life cycle in Retail-Innovation, accelerative
growth- Maturity-Decline-Phases of growth in retail markets-Business models in retail-
Classification based on ownership /Merchandise offered/Franchising /Non Store Retailing/Direct
selling/Direct response marketing/Telemarketing/Fairs and Road Shows/Event
Management/Automated Vending/kiosks/ The Cash & Carry/credit Marketing/Brand
Management.
UNIT III: Customer Relationship Management (CRM)
CRM : Definition-Components off CRM-Defining CRM Concepts – Customer Life Cycle-
B to B CRM- Understanding Goal of CRM-Using Customer touch points –CRM Functions :
Marketing/Sales/Customer Services/ Product Support- CRM Planning – Developing Strategy-
Building CRM Component-Analyzing and Segmenting Customers-Taking it to Customers – Get
Ready : Avoiding Common Barriers.
Text Book:
1. Retailing Management, Text & Cases - Swapana Pradhan
2nd
edition, 2006
Tata McGraw Hill Publications
New Delhi
Reference Books:
1. Retail Management - M.Chael hevy and Barton.A Weitz, ,
International editition,U.S,1798.
Irwin Mcgraw hill, Delhi
2. Customer Relationship Management: Getting it Right Judith . W.Kincaid,
Pearson Education, New Delhi.
460
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF COMMERCE (From 2014 – 2015 Batch onwards)
CERTIFICATE COURSE
Course : B.COM Code No :
Semester : III No. of Hrs allotted: 40
Paper : CERTIFICATE COURSE No. of Credits : 5
Title of the paper: RETAIL MANAGEMENT
Course Objective: To explore channels of retail management – Learning the art of retailing and
exposure to CRM.
UNIT I: RETAILING : Retailing – Meaning – Definition - Characteristics of Retailing –
Retailer - Function of Retailer - Career in store operation, buying and Merchandising Corporate
staff Position in retail firms.
UNIT II: RETAIL IN INDIA: Emergence of organized Retailing Traditional, Retail formats-
Independent stores - Cooperative and Government - Owned stores - Modern retail formats in
India - Company owned stores - Retailing in rural areas.
UNIT III: RETAIL CUSTOMERS : Consumer behavior – Meaning – Factors affecting
consumer decision making – Stages of consumer decision making process- Types of consumer
decision making – Consumer decision rules–Research and analysis of customer profiles.
UNIT IV: BUSINESS MODELS IN RETAIL: Retail organization – Meaning –
Classification of retail units – Bases of Classification of retail units – Store retailer – Non- Store
retailer – Electronic retailing – Catalogue and direct mail retailing – Direct selling – Television
shopping – Bending Machine retailing.
UNIT V: CUSTOMER RELATIONSHIP MANAGEMENT IN RETAILING: CRM-
Meaning- Objectives – Differences between Transactional marketing and CRM – CRM process -
Collecting customer data – Analyzing the customer data and identifying the target consumers –
Developing CRM programs – Implementing CRM programs.
Text Book:
1. Retailing Management, Text & Cases - Swapana Pradhan
2nd
edition, 2006
Tata McGraw Hill Publications
New Delhi
Reference Books:
1. Retail Management - M.Chael hevy and Barton.A Weitz, ,
International editition,U.S,1798.
Irwin Mcgraw hill, Delhi
2. Customer Relationship Management: Getting it Right Judith . W.Kincaid,
Pearson Education, New Delhi.
461
THIAGARAJAR COLLEGE, MADURAI – 9. (Re-Accredited with ‘A’ Grade by NAAC)
DEPARTMENT OF MATHEMATICS (From 2014 – 2015 Batch onwards)
DIPLOMA COURSE
Course : B.Com Code No :
Semester : III and IV No. of Hrs allotted : 40
No. of Credits : 5
Title of the paper : RETAIL PLANNING
Objective: To evaluate, plan and choose channels of Retail distribution.
UNIT I -Retail Marketing
Marketing: Retailing, Role, Relevance & Trends - Retail Customer - Retail market segmentation
& franchising - Relationship marketing in Retailing.
UNIT II – Retailing Management in Service Sector
Retailing in Banking - Retailing in Industries - Retailing in Financial Services and Mutual Funds.
UNIT III – Operations Management in Retailing
Operations: Retail location strategy - Product and Merchandise management - MIS - Logistics
& SCM -Security measures - Footfalls / computerized methods & non computerized methods -
Visual / display methods - Merchandising & Management
UNIT IV – Accounting and HRM in Retailing
Accounting Methods - Accounting Processes. Human Resources in Retail organization- Training
needs for employee- Recruitment, Selection and Training of employees
UNIT V- Mall Management
Mall Management:-Types of Various retail formats-Concepts in mall design-Factors influencing
Malls establishments-Aspects in Finance-Aspects in security / accounting -Aspects in HR-
Aspects in Quality management.
Text book
1. Retailing Management Text & Cases - Swapna Pradhan
Tata McGraw Hill Publications
New Delhi
Reference Books:
1. Retailing Management Levy & Weitz
Tata McGraw Hill Publications
New Delhi
2. Retail Management A Strategic Approach Barry Berman & Joel R.Evans
The Prentice Hall of India
New Delhi
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